SXSW 2020
The Emerging Unicorn Playground: Southeast Asia
Description:
Southeast Asia is on the brink of an economic and digital transformation. With more than 650 million people across 8 countries, 350 million internet users and 3 million new users coming online every month, the region’s internet economy could rise to $240 billion by 2025. As multiple factors converge at once, we are seeing massive changes from transportation and digital payments to healthcare and retail. The region is filled with opportunities for investment in the technologies that will drive the economy forward. As the largest unicorn in Southeast Asia valued at $14 billion, Grab offers unique perspectives into the catalyzing factors for this technological transformation, and the opportunity for a new generation of technology companies to emerge and lay the foundation for decades to come.
Other Resources / Information
Takeaways
- Southeast Asia is showing similar characteristics to China 10 years ago.
- A growing middle class, urbanization, and proliferation of smartphones are changing the economy at a rapid pace.
- A few companies are building the digital infrastructure for the new digital economy, on which many other startups are primed to emerge.
Speakers
- Cheryl Goh, Job title* VP of Marketing , Grab
Organizer
Vera Ranneft, Associate, Sard Verbinnen & Co.
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