The cracks in the story of this teenage Forbes 30 under 30 inductee
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Hi readers,
Good Sunday afternoon! It has been a pretty good week for Tech in Asia, as our story that scrutinizes the narrative behind a Forbes 30 under 30 inductee went viral on Reddit. There are parts that didn’t make it to the published story so our editor-in-chief Terence Lee posted them on a Twitter thread – they are totally worth checking out.
As the team winds down today so that our journalists can continue writing kickass articles next week, here’s a reminder that we’re still on the hunt for startups with verified employees and working prototypes to take part in Tech in Asia’s Pitch Night.
So if you’re a Southeast Asian founder looking to walk away with US$5,000 in cash and media coverage on Tech in Asia, as well as insightful feedback from keen investors, apply for a pitching slot today – application closes in five days’ time!
— Betty Chum, Tech in Asia
TOP STORIES THIS WEEK

1️. Scrutinizing the remarkable tale of this teenage Forbes 30 under 30 inductee
We investigated Team Labs’ story and found inconsistencies, but CEO Harsh Dalal says that the company is legitimate.
2️. Forbes removes Team Labs’ Harsh Dalal from 30 Under 30 Asia list
This move happened after Tech in Asia released a story that investigated and found numerous gaps in Team Labs’ narrative.
3. From halal blockchain to dead coin: The tale of an ICO that went south
We take a look at a startup that rode the ICO boom in 2018 but failed to take flight, leaving unpaid employees and squandered opportunities in its wake.
4. Report: SoftBank leads $330m round in Chinese grocery app Dingdong Maicai
The latest investment brings the total funds raised by Dingdong Maicai in its series D round to over US$1 billion.
5. PropertyGuru’s revenue and valuation fall for the first time in years
Asia’s property market took a beating last year, and this may have affected PropertyGuru’s earnings.
6. Gojek bags $300m from Indonesian telco operator Telkomsel
Aside from funding, Telkomsel has provided special data packages for Gojek’s drivers and allowed its merchants to tap into Telkomsel’s user base.
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