Photo Credit: Rafael Matsunaga
As startups, we are always looking for our next exit. One interesting region of startup exits lately has been Southeast Asia, an area whose wide range of countries and markets has made it quite intriguing. Here, we look at why Southeast Asia could be the next growth area for tech startups.
Infographic courtesy of Innovation is Everywhere.
Southeast Asia comprises a market population of 618 million, larger than that of the EU. With an average internet penetration of 30%, strong tech centers such as Singapore and Malaysia hold penetration rates of 104% and 67% respectively.
With 190.4 million internet users, the potential for growth in the SEA tech market remains strong and more importantly, the mobile growth predictions are substantial. Like most developing markets, the mobile penetration rate in almost all SEA countries greatly exceeds 100%.
Infographic courtesy of Innovation is Everywhere
What we did: visualisation of Monk Hill’s data on startup acquisitions in Southeast Asia
The Monk Hill Ventures research focuses largely on the $2.6B worth of publicly available data of mergers & acquisitions in the SEA tech market.
This figure accounts for 40% of all startup acquisitions in Southeast Asia.
Infographic courtesy of Innovation is Everywhere
We have taken this data and turned it on itself to reveal certain interesting data trends in the way startups have been acquired in the Asian tech market.
How is the merger & acquisition market in Southeast Asia and what would my exit look like?
Take a look at our research to find out.
Infographic courtesy of Innovation is Everywhere
Infographic courtesy of Innovation is Everywhere
This post was originally published on Innovation is Everywhere.
