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Daily Tech News: Airbnb, Amazon India, Techstars, Jumia, Flipkart

Here are the top stories on Techzi

Malaysia: The Next Big Thing in Tech? Khailee Ng Explains

  • Malaysia is poised to become a tech powerhouse.

  • Big tech is investing billions in AI infrastructure.

  • Khailee Ng encourages founders to seize opportunities in software, digital services, consumer services, and F&B.

Airbnb Sets Sights Beyond Short-Term Rentals

  • Airbnb expands beyond rentals.

  • New services include co-hosting and revamped experiences.

  • Company aims to diversify revenue amid slowing growth.

Amazon India Chief Exits Amid E-Commerce Battlefield

  • Amazon India chief resigns amid competitive pressures.

  • Company struggles in smaller markets against local rivals.

  • Quick commerce firms challenge Amazon’s urban dominance.

A Bit of Startup Humor for Today

Techstars Trims Down, Bids Farewell to J.P. Morgan Program

  • Techstars cuts staff by 17%.

  • J.P. Morgan program ends.

  • Company refocuses on founder support.

This is How a Startup Should Structure Its ESOPs…

Guest Author: Gagan Singh

  • ESOPs align team growth with startup success.

  • Initial pool size: 7.5-10% of equity.

  • Expand post-funding and use performance-based vesting for goal alignment.

Jumia’s $100 Million Boost to Break E-Commerce Barrier

  • Jumia raises $100 million to boost growth.

  • E-commerce giant targets 2 million user barrier.

  • Company navigates currency challenges toward profitability.

Singapore Unveils Platform Workers Bill for Enhanced Protections

  • Singapore’s new Platform Workers Bill aims to protect gig workers.

  • It covers CPF contributions, work injury insurance, and legal representation.

  • The bill is a milestone for empowering platform workers.

Flipkart Sprints into India’s 10-Minute Delivery Race

  • Flipkart launches 10-minute delivery service in India.

  • Quick commerce sector booms despite global skepticism.

  • E-commerce giants battle for urban Indian customers.

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