This week on Asia Matters Graham Brown is joined by Priyanka Nadkarni and Alex Crompton. They talk about Alibaba and its Single’s Day record-breaking sales, startup scene in Southeast Asia, and Singapore FinTech Festival.
Graham Brown
How Singles' Day Became Biggest Shopping Spree Ever: QuickTake
Singles’ Day is the world’s biggest shopping event. In less than a decade, Alibaba Group Holding Ltd. turned a quirky celebration for unmarried young adults in China into a global extravaganza drawing in thousands of retailers and hundreds of millions of shoppers of all ages -- hitched or otherwise. It’s spread to other e-commerce operators and will include more brick-and-mortar stores. The big unknown: To what extent, if any, the brewing U.S.-China trade war will cut into Singles’ Day sales.
South Korea has the strongest entrepreneurship in Asia
South Korea leads the region in entrepreneurship, ahead of Singapore, Japan and China South Korea tops the region in entrepreneurship environment with a score of 54%, according to the recently released Global Entrepreneurship Index
Alex Crompton
Is Singapore's early stage startup scene dead? What happened?
Like every industry, there are cycles. It is now time for early-stage startups to rise again
Southeast Asian tech hubs race to become the next Silicon Valley
Southeast Asia's tech startup scene is getting hotter by the year. Money is pouring in and valuations are soaring as investors bet big on the region's rapid growth, huge markets and youthful, mobile-savvy consumers.
Priyanka Nadkarni
Region offers expansion opportunities
A study conducted on behalf of Westpac Banking Corporation and Austrade showed that Asean is seen as an expansion opportunity for fintech entrepreneurs, but there are challenges in navigating different and complex regulatory systems across the region.