Ecommerce
Thailand Tech Startup Ecosystem Report 2018
The announcement Eko closing a $20 million Series B funding was the biggest startup deal in Thailand at the end of the year
After finishing off 2018, Techsauce has summarized the leading trends in Thailand’s ecosystem in the Thailand Tech Startup Ecosystem 2018.
This report is part of the publications Techsauce releases every 6 months. However this latest report not only summarizes the latest trends in 2018, but for the first time, includes analysis and thoughts from the Techsauce team.
This includes contributors who are veterans in various industries. This is to give readers insight on what is happening and what is behind the various trends.
The biggest trends for the second half of 2018 summarized in the report are as follows:
- There was more fundraising for startups in Thailand in 2018 than in the year before. The industry that attracted the most funding was FoodTech. As for CVC, 2018 was a year that saw high investment in startups overseas.
- The announcement Eko closing a $20 million Series B funding was the biggest startup deal in Thailand at the end of the year.
- It was a year where there were interesting moves made by Kasikorn Bank with its joint venture with Line and its investment in startups such as Grab and Instalem through…
Thailand Tech Startup Ecosystem Report 2018
TS Startup Report Master – Edit for web publish 1Feb19
Ecommerce
Alibaba confirms $13bn listing in Hong Kong
Alibaba will offer 500 million shares at a maximum of HK$188 apiece, the company said. The number eight is considered auspicious in China.
Chinese technology giant Alibaba on Friday confirmed plans to list in Hong Kong in what it called a $13 billion vote of confidence in the turbulent city’s markets and a step forward in its plans to go global.
(more…)Ecommerce
E-commerce in ASEAN: Digital technology and players
The 50 most-funded e-commerce start-ups in ASEAN have raised $12.6 billion as of July 2019, with most of the funding raised in the last two years
E-commerce has been the most dynamic segment of the Internet economy in ASEAN over the past three years. The value of e-commerce rose four-fold, from $5.5 billion in 2015 to more than $23 billion in 2018.
(more…)Ecommerce
Southeast Asia’s internet economy hits $100 billion
The two pacesetters in the region are Indonesia and Vietnam, which lead the pack with growth rates in excess of 40% a year.
The internet economies in Malaysia, Thailand, Singapore and the Philippines are growing by between 20% and 30% annually, with no signs of slowing down, according to Google and Temasek multi-year research program.
(more…)
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