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Don’t underestimate Singapore: Gojek co-founder on missed chances

    • For Kevin Aluwi, Singapore – not Indonesia – is the most important market in South-east Asia.
    • For Kevin Aluwi, Singapore – not Indonesia – is the most important market in South-east Asia. PHOTO: GOJEK
    Published Mon, Oct 21, 2024 · 11:14 AM

    SOUTH-EAST Asia is often seen as the next growth frontier for tech companies. Over the last two decades, it has been the third-fastest-growing region in terms of annual gross domestic product (GDP).

    But billing the region as the next China or India is “misguided”, according to Lightspeed Venture Partners.

    In a report titled Resetting Expectations, the global multistage VC firm challenges this portrayal of South-east Asia and shares why the region has not delivered on this expectation 10 years in.

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