The Weekly Snapshot: News from Grab, One Championship, Jio Platforms, and more

Last week can be described as a rollercoaster ride, as Asia’s tech community went through several ups and downs.

Grab and One Championship announced layoffs early in the week, with affected personnel numbering in the hundreds. On the flip side, Disney+ posted a bunch of job openings in Singapore and Indonesia, while Jio Platforms made headlines with news that it had bagged over US$15 billion of funding in just two months.

Photo credit: Grab

Hear the details on all these stories and more on this inaugural episode of The Weekly Snapshot.

Timecodes:

00:00 – Intro
00:14 – Grab lets go of about 360 people
01:03 – One Championship announces layoffs after raising US$70 million
01:38 – What’s next for One Championship?
02:05 – Disney+ ramps up hiring in Singapore and Indonesia
03:23 – 14 out of 21 digibank contenders in Singapore move to the next round
04:14 – ByteDance forms ecommerce business unit
06:15 – Beenext closes two new funds at US$160 million
07:09 – Jio Platforms has amassed more than US$15 billion in less than two months
08:19 – Singapore digibank Tonik raises US$21 million to launch in the Philippines
09:14 – Indonesian furniture e-tailer Fabelio bags US$9 million in series C1 money

Download the full transcript here.

Episode Sponsor:

Podmetrics is a podcast analytics platform that enables podcasters to see all the data they need to know about their audience. It aggregates data from Anchor, Spotify, Chartable, Facebook Live, and YouTube in order to show a holistic view of a podcast’s clout. Sign up for free on its website.

Subscribe to Startup Snapshot wherever you listen to podcasts.