You are here

Startups can still play along e-commerce giants in SEA gold rush

Alibaba Tencent and Amazon are moving in to carve up Asean's US$2.5 trillion economy, but there is still space

In March, Alibaba doubled to US$4 billion its investment in e-commerce company Lazada. But regulators are proving nimble, allowing smaller companies to move fast into new markets.


WHEN Indonesian President Joko Widodo rose to address his Asean counterparts over the weekend in Singapore, he rolled out some eye watering numbers including a forecast that some US$90 billion worth of goods and services will be bought on the Internet by 2025 - a nine-fold...

Market voices on: