SE Asia's tech market cap to zoom to $1.24T in 10 years: Asia Partners report

Photo: Capturing the human heart / Unsplash

Southeast Asia is poised to witness a wave of new public technology companies as more and more regional players grow into multi-billion-dollar businesses.

In August this year, Indonesia’s Bukalapak became the first among Southeast Asia’s unicorns to list on a bourse after Sea Limited’s IPO in 2017. On Tuesday, Singapore-based superapp Grab announced that its Nasdaq debut is scheduled for Dec. 2, following a de-SPAC transaction.

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