Chinese Tech Giants’ E-Wallet Proxy War in SE Asia

08 June, 2020

Chinese tech rivals Alibaba Group and Tencent Holdings are primed to capture a lion’s share of Southeast Asia’s e-wallet market through a sprawling web of proxies, according to DealStreetAsia’s latest report.

In this report available only to our premium subscribers, we take a closer look at the 11 e-wallets backed by Alibaba and Tencent in six key markets: Indonesia, Malaysia, Myanmar, Thailand, the Philippines and Vietnam. Access the report to find out the markets dominated by these Chinese giants, and others that are wide open, as well as the regulatory environment that remains in a state of flux and could yet change the competitive landscape in a flash.

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