By Nguyen Thi Bich Ngoc
For the past five years, the sharing economy has taken southeast Asia by storm. But, the next big thing will be AI, robotics, self-driving and the other areas in frontier technology.
In a December press release, Mobike claimed 200 million users worldwide. Meituan’s prospectus says otherwise – 48.1 million Active Bike Users, 7.1 million Active Bikes and over 1 billion rides completed in the four months ended April 30, 2018.
Indochina – which comprises Cambodia, Laos, Myanmar, Vietnam and Thailand – is fast catching investor interest even though the return timeline appears to be long drawn.
Does size really matter? Yes, larger investments do allow PE firms to do more. However, smaller deals in hot sectors promise good exits.
The only viable way for the Chinese to make money in Indonesia is perhaps through industry consolidation. After all, Indonesia has already seen some high-profile mergers, such as Grab’s takeover of Uber’s entire Southeast Asian business this year.
The future of PE in emerging markets is all about acting on data-driven insights about what works and doesn’t work, says Mekong Capital founder and partner Chris Freund.
Given Israel’s relatively small domestic market, entrepreneurs have little choice but to focus on enterprise tech businesses in cloud computing, cybersecurity, analytics and semiconductor development.
Warburg Pincus in September became the second-largest shareholder in Sichuan Jinxin Fertility Co, Other investors include Sequoia China and a unit of China Citic Bank Corp.
Raising money would be handy for the whole Li empire, not just the unit spinning off assets. Acquisitions have taken a toll on debt levels at CK Infrastructure.
China technology firms have been flooding U.S. exchanges with initial public offerings this year, including NIO and 111 Inc.