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	Asia Daily Briefing - 'We were too naive' September 12, 2019

	Bukalapak shifts focus  to profits as WeWork  woes dull shine of Asian unicorns JAKARTA -- In what is thought   to be the first significant  restructuring by an Indonesian unicorn, Bukalapak is slashing  nearly 10% of its workforce as  investors increasingly demand  that e-commerce companies focus on profitability instead of growth.
	Selected for you Zozo's Maezawa leaves the life he grew up disdaining Billionaire was one of Japan's few successful internet entrepreneurs Read more With whiffs of Cultural Revolution, Xi calls for struggle 50 times Fierce battle with factions supporting Deng Xiaoping-style reforms rocks China Read more Thai Belt and Road project bumps into finance and liability issues Bangkok balks at Beijing's conditions on showpiece high-speed rail line Read more Foxconn's Gou quits KMT to pave way for Taiwan presidential run Move comes after China-friendly party urged tech billionaire not to compete Read more Indonesia weighs lease of Jakarta properties to fund capital move Potential schemes include a barter program and a build-operate-transfer plan Read more Myanmar stocks surge on hope of foreign funding Key index up 10% in August after decision to open doors to overseas investors Read more