What is a unicorn company?
A unicorn is a term used to explain a non-public company valued at over $1 billion. Achieving success as a Unicorn is the dream of each company, especially a startup.
Southeast Asia is currently experiencing strong demand within the technology sector. This has resulted in 6 unicorn startups taking the lead and playing a major role. After achieving success in only just a few years, these firms have grow to be disruptors of their fields on each a regional and global scale. From e-commerce to trucking, from gaming to travel and digital payments.
This is driven by the accelerated development of the digital economy in Southeast Asia, which is driving the event of six unicorns. These firms began from humble beginnings to attain dazzling success.
As technology advances, it’s made easier for the greater than 300 million web users across the region. Moreover, the six unicorns have managed to achieve a big a part of the population to supply their services. Additionally, the web sector in Southeast Asia is already valued at over $50 billion. It is at all times expected to grow in the approaching years, so that they must be among the many predominant beneficiaries of this expansion.
From now on, the six unicorns mentioned will expand their businesses and leverage technological advances to achieve latest users and create revolutionary services.
Go-Jek
Go-Jek is an Indonesian multi-service on-demand platform and digital payment technology group based in Jakarta. It was founded in Indonesia in 2009 as a call center enabling customers to access courier and two-wheeler services. Gojek has evolved right into a Super App with over 20 services.
To catch
Grab Holdings Inc., higher generally known as Grab, is a Singaporean multinational passenger transportation company. The company provides transportation and food delivery services in addition to digital payments via e-wallets.
Lacing
Lazada is a world e-commerce company founded in 2012. It has grow to be a number one role in online shopping in Southeast Asia. Singapore-based Lazada is expanding to 6 countries in Southeast Asia.
Maritime Group
Starting with the success of Garena in 2009, Sea has successfully expanded into online shopping with Shopee and digital payments with AirPay. This Singapore-based company has successfully expanded its operations to Southeast Asian countries and Taiwan.
Tokopedia
Tokopedia is an Indonesian technology company specializing in e-commerce. The company was established in 2009 and began as a marketplace. Tokopedia has successfully transformed right into a technology company with marketplace, payments, logistics, financial technology, achievement and latest retail businesses.
Travel
Traveloka is an Indonesian company offering an internet booking service for airline tickets to hotels, rapidly expanding in Southeast Asia and Australia. It also provides services resembling attraction tickets, activities, automobile rentals and restaurant vouchers.
This is your complete list of unicorn startups in Southeast Asia. Do you recognize or often use the corporate’s services?
Source: https://aseanup.com/tech-unicorns-sutheast-asia/
