Philippine conglomerate JG Summit to invest $50m in SE Asian startups

Philippine conglomerate JG Summit to invest $50m in SE Asian startups

Lance Y. Gokongwei, President and CEO, JG Summit Holdings Inc.

JG Summit Holdings Inc, one of the largest listed conglomerates in the Philippines, has launched a $50-million arm to invest in Series A and B rounds of Southeast Asian digital and emerging tech startups, the company said in a statement.

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