Is Southeast Asia about to hit an inflection point for tech startups?
Four hundred million people in the region already use the internet, but by year’s end, one estimate suggests that 80% of the population over the age of 15 in Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam will be digital consumers.
“As per Jungle Ventures’ calculations, the total value of the region’s digital companies is around $340 billion today and is estimated to grow to $1 trillion by 2025,” says founding partner Amit Anand.
Full TechCrunch+ articles are only available to members.Use discount code TCPLUSROUNDUP to save 20% off a one- or two-year subscription.
E-commerce, fintechs and the rapid digitization of the region’s SME workforce are a few of the factors reshaping the landscape for Southeast Asia’s startups, but supply chain technology is al …
