Recently, the government facilitated a meeting between small business owners from Buleleng, Klungkung, and Tabanan districts and international investors .
Commentary: Why Grab, Gojek, Tokopedia and Sea are the new darlings of US markets Toggle share menu
Advertisement
Commentary: Why Grab, Gojek, Tokopedia and Sea are the new darlings of US markets Several factors point to a growth story that could make Southeast Asian Tech the darling of Wall Street, says INSEAD Associate Professor of Entrepreneurship and Family Enterprise, Jason Davis.
Composite image of Grab, Gojek, Tokopedia and Traveloka logos.
04 May 2021 06:20AM) Share this content
Bookmark
SINGAPORE: If everything goes to plan, Grab will soon raise around US$4 billion in financing in the biggest ever SPAC (Special Purpose Acquisition Company) listing, giving Anthony Tan, the company’s founder, a place in the history books, just as he wanted.
Alibaba and Shopee heading for e-commerce faceoff in Vietnam
By
2 Asian e-commerce titans, SEA Group’s Shopee and Alibaba-backed Lazada, are going to war, and Vietnam’s crowded marketplace is the battleground
Vietnam is considered the fastest-growing digital economy in Southeast Asia, and the Vietnamese e-commerce market is emblematic of that tech-propelled growth. Even before the pandemic set in last year, Vietnam’s e-commerce market was already set to reach US$15 billion in profits.
Vietnam has faced an accelerated digital transformation journey, being classified as a digital nation within just three years of aspiring towards that goal. The nation has quickly embraced a host of transformative initiatives, from exploring smart city implementation in its urban hubs to looking into sustainable energy output to already turning out commercial 5G applications.
January 07, 2021
Pixabay
As I reflect on the happenings of 2020, the one thing that troubles me most was the number of people asking me for financial advice because their investment portfolio had performed poorly. I am especially perturbed as many of them are ordinary people with extraordinary (and avoidable) losses in the stock market.
After listening to the many sob stories from fellow investors based in Singapore, I can list four reasons for their poor market performance:
#1 Overconcentration in Singapore economy/ stocks
If you were to look at the chart above, in 2020, the Singapore stock market, represented by the Straits Times Index (STI), is the worst performing compared to the major stock market indices across the world. Many Singapore stocks listed in SGX simply do not perform well.