High Time for Korean Startups to Ride on Digital Fever in Southeast Asia(5)

High Time for Korean Startups to Ride on Digital Fever in Southeast Asia

Why startup markets in Southeast Asia are much spotlighted? High growth potential in the region would be singled out above all things. 

The number of internet users in key countries of Southeast Asia like Vietnam and the Philippines has been increasing the fastest in the world. According to an article from the Wall Street Journal, whopping 120,000 online users are newly reported in the region on a daily basis.

Expansion of Mobility Services and Its Impact on the Development of a Cashless Society in Indonesia(3)

Recent startup boom across Southeast Asia

Why startup markets in Southeast Asia have been much spotlighted? Hugh growth potential in the region would be singled out above all things. The number of internet users in key countries of Southeast Asia like Myanmar and the Philippines has been mounting the fastest on the planet. 

There is eye-catching prediction that a whopping 480 million people almost nearing the entire inhabitants of the European Union will be fairly accessed to internet in Southeast Asia by 2020.

Expansion of Mobility Services and Its Impact on the Development of a Cashless Society in Indonesia(10)

Spread of mobility service and Indonesian cashless society

Beginning from the desperate idea of improving chronic traffic congestions in urban districts, both Go-Jek and Grab have risen to their fame as supper applications inevitable for daily lives of the Indonesian people, young generation in particular. 

As snowballing amount of investment continues to rush in, anticipation has been getting bigger that the local mobility market will fulfill its growth potentials in a maximum level. Huge success of two mobility startups in Indonesia can be partly attributed to the introduction of e-payment methods to their applications.

Expansion of Mobility Services and Its Impact on the Development of a Cashless Society in Indonesia(3)

Recent startup boom across Southeast Asia

Why startup markets in Southeast Asia have been much spotlighted? Hugh growth potential in the region would be singled out above all things. The number of internet users in key countries of Southeast Asia like Myanmar and the Philippines has been mounting the fastest on the planet.

There is eye-catching prediction that a whopping 480 million people almost nearing the entire inhabitants of the European Union will be fairly accessed to internet in Southeast Asia by 2020. 

Startup fever in Southeast Asia and its implication for India(5)

Recent startup boom across Southeast Asia

Hugh growth potential in the region would be singled out above all things. The number of internet users in key countries of Southeast Asia like Vietnam and the Philippines has been mounting the fastest on the planet. 

A recent article from the Wall Street Journal rings another bell that whopping 120,000 online users are newly marked in the region on a daily basis. There is further prediction that 480 million people almost nearing the entire population of the EU (European Union) will be accessed to internet in Southeast Asia by 2020.

Spread of mobility service and Indonesian cashless society(2)

Spread of mobility service and Indonesian cashless society

As snowballing amount of investment continues to rush in, anticipation has been getting bigger that the local mobility market will fulfill its growth potentials in a maximum level. Huge success of two mobility startups in Indonesia can be partly attributed to the introduction of e-payment methods to their applications. 

For example, after purchasing a few electronic wallet-related startups, Go-Jek added Go-Pay, an e-payment function to its application in April, 2016.

Spread of mobility service and Indonesian cashless society(2)

Spread of mobility service and Indonesian cashless society

As snowballing amount of investment continues to rush in, anticipation has been getting bigger that the local mobility market will fulfill its growth potentials in a maximum level. Huge success of two mobility startups in Indonesia can be partly attributed to the introduction of e-payment methods to their applications. 

For example, after purchasing a few electronic wallet-related startups, Go-Jek added Go-Pay, an e-payment function to its application in April, 2016.

Recent startup boom across Southeast Asia(3)

Recent startup boom across Southeast Asia

Why startup markets in Southeast Asia have been much spotlighted? Hugh growth potential in the region would be singled out above all things. The number of internet users in key countries of Southeast Asia like Myanmar and the Philippines has been mounting the fastest on the planet. 

There is eye-catching prediction that a whopping 480 million people almost nearing the entire inhabitants  of the European Union will be fairly accessed to internet in Southeast Asia by 2020.

High Time for Korean Startups to Ride on Digital Fever in Southeast Asia(5)

High Time for Korean Startups to Ride on Digital Fever in Southeast Asia

This is no exception to Korean investment firms. As centered on Indonesia and Vietnam, two countries in the region respectively representing the maritime and the continental Southeast Asia, news of Korean venture capitals eagerly exploring lucrative investment opportunities are heard now and then. 

Why startup markets in Southeast Asia are much spotlighted? High growth potential in the region would be singled out above all things. 

High Time for Korean Startups to Ride on Digital Fever in Southeast Asia(5)

High Time for Korean Startups to Ride on Digital Fever in Southeast Asia

Why startup markets in Southeast Asia are much spotlighted? High growth potential in the region would be singled out above all things. The number of internet users in key countries of Southeast Asia like Vietnam and the Philippines has been increasing the fastest in the world. 

According to an article from the Wall Street Journal, whopping 120,000 online users are newly reported in the region on a daily basis. There is further prediction that 480 million people almost nearing the entire population of the EU (European Union) will be accessed to internet in Southeast Asia by 2020.

High Time for Korean Startups to Ride on Digital Boom in Southeast Asia(4)

High Time for Korean Startups to Ride on Digital Boom in Southeast Asia

In addition, indigenous family conglomerates have joined the startup wave by setting up venture capitals and navigating business chances. This is no exception to Korean investment firms. As centered on Indonesia and Vietnam, two countries in the region respectively representing the maritime and the continental Southeast Asia, news of Korean venture capitals eagerly exploring lucrative investment opportunities are heard now and then. 

Why startup markets in Southeast Asia are much spotlighted? High growth potential in the region would be singled out above all things. The number of internet users in key countries of Southeast Asia like Vietnam and the Philippines has been increasing the fastest in the world. 

Startup boom in Southeast Asia and its implication for India to improve indispensable public services(4)

Startup boom in Southeast Asia and its implication for India to improve indispensable public services

Why startup markets in Southeast Asia are much spotlighted? High growth potential in the region would be singled out above all things. The number of internet users in key countries of Southeast Asia like Vietnam and the Philippines has been increasing the fastest in the world. 

According to an article from the Wall Street Journal, whopping 120,000 online users are newly reported in the region on a daily basis. There is further prediction that 480 million people almost nearing the entire population of the EU (European Union) will be accessed to internet in Southeast Asia by 2020. 

Right Time for Korean Startups to Ride on Digital Fever in Southeast Asia(5)

Right Time for Korean Startups to Ride on Digital Fever in Southeast Asia

High growth potential in the region would be singled out above all things. The number of internet users in key countries of Southeast Asia like Vietnam and the Philippines has been increasing the fastest in the world. According to an article from the Wall Street Journal, whopping 120,000 online users are newly reported in the region on a daily basis. 

There is further prediction that 480 million people almost nearing the entire population of the EU (European Union) will be accessed to internet in Southeast Asia by 2020. This could explain why global investment experts have been paying close attention to this area where youngsters covering around half of the overall population are jumping on the brand new era of digital economy.

Startup fever in Southeast Asia and its implication for India to improve indispensable public services(3)

Startup fever in Southeast Asia and its implication for India to improve indispensable public services

To name a few, startups aiming for improving the productivity of aquaculture industries or producing eco-friendly shopping bags to offer publicly-customized solutions for Southeast Asia where primary industries still considerably counts are loomed large. In addition, indigenous family conglomerates have joined the startup wave by setting up venture capitals and navigating business chances. 

Why startup markets in Southeast Asia are much spotlighted? Hugh growth potential in the region would be singled out above all things. The number of internet users in key countries of Southeast Asia like Vietnam and the Philippines has been mounting the fastest on the planet.

High Time for Korean Startups to Ride on Digital Fever in Southeast Asia(4)

High Time for Korean Startups to Ride on Digital Fever in Southeast Asia

In addition, indigenous family conglomerates have joined the startup wave by setting up venture capitals and navigating business chances. This is no exception to Korean investment firms. As centered on Indonesia and Vietnam, two countries in the region respectively representing the maritime and the continental Southeast Asia, news of Korean venture capitals eagerly exploring lucrative investment opportunities are heard now and then. 

Why startup markets in Southeast Asia are much spotlighted? High growth potential in the region would be singled out above all things. The number of internet users in key countries of Southeast Asia like Vietnam and the Philippines has been increasing the fastest in the world.