This past year Thailand Start-up Ecosystem has developed and grown through many events. Since it sucks to be out of the loop on what was hot, Techsauce has summed up all the important events to keep you updated.
What were the most important highlights of Thailand’s Startup Ecosystem in 2017? Let’s take a look!
- E-Commerce Startups Continues to be Strong in Thailand
- Mega $65 Million Series B Investment
- The Business Sector Rushes to Set up CVC, Hoping to Invest More in Startups
- Omise Secures First ICO Fund in Thailand
- Business Acquisitions Continues
E-Commerce Startups Continues to be Strong in Thailand
When talking about the overall picture of the Start-up industry in 2017, the sectors that made big waves were E-Commerce, FinTech, Logistics, Payment, and Food & Restaurant.
We give first place to E-Commerce as it has become intensely hot as can be seen by the flow of funding going into more than 5 startups in 2017.
“Techsauce did not fail to create “E-Commerce Landscape 2017: Thailand’s E-Commerce businesses all in one place!” to give a clearer picture of the sector. You can check it out.”
The direction of E-Commerce in Thailand will be like overseas. More big fish companies will start eating up little…
China’s new tech board is a rising STAR
On 9 August 2019, the 27 STAR-listed companies achieved a total market cap of 660 billion RMB (approximately US$93 billion) and together raised over 37 billion RMB (US$5.2 billion) in net funding from the initial public offering (IPO) after fees and expenses.
Regulating Asia’s Fintech future
In Southeast Asia, 60 per cent of the population does not have a bank account and the credit card penetration rates in Indonesia, the Philippines, Vietnam and other countries are less than 2 per cent
Asia has seen a rise in demand for digital connectivity in recent years. Leapfrogging development in China with mobile payments is significantly contributing to increasing financial inclusion.(more…)
Thailand’s Fintech growth among the fastest in ASEAN
Thailand is regarded as an ASEAN country with rapid Fintech development, with 140 Fintech companies registered, while about half of them are new companies.
BANGKOK, (NNT) – The growth of Financial Technology in Thailand is said to be among the fastest in ASEAN. The World Bank meanwhile, has suggested the government reduce inequalities in access to capital to enable variations in Fintech development to emerge.(more…)
Thailand among top five countries for salary hikes
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Thailand Ecommerce Market: Shooting For Success
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Aspire Set to Become First SME Neobank in Southeast Asia with US$32.5 Million Raise
The recent financing has been led by Mass-Mutual Ventures Southeast Asia with participation from Silicon Valley’s Arc Labs and existing...