Southeast Asia digital companies continue to attract investors and acquirers from a diverse set of countries in the face of Covid-19 pandemic. One of the countries that have been increasingly active in the region is none other than China. In this special edition of the Southeast Asia Tech Investment report, it is our pleasure to work with Momentum Works https://momentum.asia/ to explore this dynamic further. On top of the Southeast Asia tech investment and exit trends, we also observed;
- The number of active Chinese investors grew significantly, from representing less than 1% of funds in 2013, to over 7% in the first half of 2020.
- Singapore and Indonesia attracted the most number of deals from Chinese investors, with Vietnam emerging as an investment destination
- Financial services, retail, and business automation gained the most interest
- On the exit side, Chinese acquirers showed most interest in the retail and entertainment sectors, and gravitated towards companies with a regional presence.
More about Momentum Works
Momentum Works builds, scales and manages tech ventures across the emerging markets. Combining strategic understanding, execution experience and a great team to make things happen. Momentum Works works with a network of partners to consult on strategy, venture financing and other areas of operations. See other insights from Momentum Works on emerging markets technology trends here