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Hello readers,
Working from home can feel like you never quite leave the office, huh. As the pandemic shifts how and where we work , Tech in Asia took a deep dive into the opportunities that HR startups are exploiting (🔒).
Your quick bytes for today:
🤝 AMTD Digital is set to acquire payments platform Fomo Pay after recent acquisition deals with CapBridge and PolicyPal.
💰Two new Sequoia India funds have been announced: a US$525 million venture fund and a US$825 million growth fund. The two investment vehicles will serve to further the firm’s interests across India and Southeast Asia. Total = US$1.35 billion.
☕ Luckin Coffee rose and fell at supersonic speed. Here’s a quick timeline of what happened.
🏨 More Oyo layoffs: The hospitality company has further slashed its workforce in Japan after letting go of thousands of workers in China, India, the US, and Malaysia.
🎥 Facebook has made its move after India banned TikTok – it has started testing its Reels feature, which currently allows select users in India to create TikTok-style videos.
🍣 Love sushi? A Japanese inventor built an app that uses AI to judge tuna quality.
Just another day working from home?
Photo credit: LinkedIn
While working from home is cool and all, does anyone else miss the company amenities like snacks, huge desks, and giant monitors?
Sadly, it might take some time before we can touch our office desks again, so whether we like it or not, remote work is here to stay.
The startup that 7x its GMV in 2019
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