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Chinese tech looking to expand Southeast Asia

While Southeast Asia has its fair share of challenges being a highly fragmented market, there are compelling reasons for Chinese tech giants to invest here. The geopolitical environment has become tougher in the West, South-east Asia is a lot closer and its markets are rapidly digitalising and mobile-centric. 

There is particular focus on the following sectors: e-commerce, fintech (payments/e-wallets) and media/ Over-The-Top (OTT) streaming.

Tech titans are pouring more resources into South-east Asia, driven by both the push of global trade tensions and the pull of 655 million rapidly-digitalising consumers.

Tags

digital, technology, tech, bigtech, china, southeast asia, asia, ecommerce, media, ott, streaming, apps, digitalisation, fintech, emerging technologies