Recent startup boom across Southeast Asia
According to Tech in Asia, startups in Southeast Asia were awarded with as much as $10.9 billion in investment in 2018. This figure is over 30% higher than the total startup investment of $7.9 billion in 2017.
This is far startling because investment in Southeast Asian startups failed to reach even $1 billion in 2013. Consequently, 10 unicorns have been emerged in the region. VNG, an online game platform in Vietnam and Go-Jek, an Indonesian application-based ride-hailing service provider are renowned digital players.
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