Data Vantage: Southeast Asia welcomes five new unicorns in 2021 + other SEA deal updates

As the COVID-19 pandemic continues to rage across Southeast Asia, the region has added five more tech unicorns, or privately held companies with a valuation of more than $1 billion, this year.

Malaysia-headquartered used car marketplace startup Carsome will become the region’s latest unicorn after completing a share-swap deal to take over a 19.9% stake in Australia-listed iCar from Catcha Group.

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