Research from Tech in Asia, Tech in Asia

Tech in Asia

Research from Tech in Asia

Tech in Asia (YC W15) is the largest English-language technology media company that focuses on Asia. From the latest news to the hottest trends and the boldest startups to the strongest titans, we cover everything tech in the region. Our goal is to build and serve Asia’s tech and startup community.

News from Tech in Asia

Thematic (Sector/Industry)

<ul><li>Southeast Asia’s digital economy is poised to hit US$200 billion in gross merchandise value (GMV) in 2022 – three years earlier than predicted.</li><li>Over the past three years, 100 million users have come online in Southeast Asia, with the region housing over 460 million internet users.</li><li>However, the report stated that after years of acceleration and growth, digital players are more concerned about deepening engagement with current consumers rather than acquiring new ones.</li></ul>

Southeast Asia’s digital economy is poised to hit US$200 billion in gross merchandise value (GMV) in 2022 – three years earlier than predicted.Over the past three years, 100 million users have come online in Southeast Asia, with the region housing over 460 million internet users.However, the report stated that after years of acceleration and growth, digital players are more concerned about deepening engagement with current consumers rather than acquiring new ones.

SEA Digital Economy to Grow in 2022 Despite Headwinds: Report

<ul><li>SeaMoney (a unit of Sea Group) and GoTo overtook Grab in the fintech space among ASEAN countries in 2021 primarily because the latter does not have an ecommerce entity</li><li>The report noted that the growth in fintech revenue in the region was driven by Indonesia. Overall financial inclusion in the region, however, is still low compared to China and the US</li><li>But categories such as digital banking and e-wallets present a huge opportunity to Southeast Asian super app players</li></ul>

SeaMoney (a unit of Sea Group) and GoTo overtook Grab in the fintech space among ASEAN countries in 2021 primarily because the latter does not have an ecommerce entityThe report noted that the growth in fintech revenue in the region was driven by Indonesia. Overall financial inclusion in the region, however, is still low compared to China and the USBut categories such as digital banking and e-wallets present a huge opportunity to Southeast Asian super app players

Sea, GoTo Overtook Grab in ASEAN Fintech Space 2021, Says Report

Indonesia

Tokopedia PT provides e-commerce services. The Company owns and operates an online e-commerce platform that allows individuals and small-to-mid-sized business owners to start their online stores.

Tokopedia PT (1087142D IJ)

SEA Digital Economy to Grow in 2022 Despite Headwinds: Report

Southeast Asia’s digital economy is poised to hit US$200 billion in gross merchandise value (GMV) in 2022 – three years earlier than predicted.

Tech in Asia

Sea, GoTo Overtook Grab in ASEAN Fintech Space 2021, Says Report

SeaMoney (a unit of Sea Group) and GoTo overtook Grab in the fintech space among ASEAN countries in 2021 primarily because the latter does not...

Tech in Asia