From Gojek to Grab, tech giants combine to thrive in south-east Asia’s rapidly consolidating market
Synopsis
Digitalisation and the pandemic have accelerated the rise and transformation of region’s Internet-services market into an oligopoly in half the time the evolution took in China. As leading players grow into massive platforms linking users with various services, the market is coming to be increasingly controlled by a few powerful players racing to expand ecosystems through mergers and acquisitions.
Southeast Asia is becoming a heated battlefield for tech titans fighting for market share and new users.As leading players grow into massive platforms linking users with various services, the market is coming to be increasingly controlled by few powerful players racing to expand business ecosystems through mergers and acquisitions. The pattern looks a lot like a repeat of China’s tech sector, which is dominated by giants like Alibaba Group
- FONT SIZE
AbcSmall
AbcMedium
AbcLarge
Sign in to read the full article
You’ve got this Prime Story as a Free Gift
₹399/month
Monthly
PLAN
Billed Amount ₹399
₹208/month
(Save 49%)
Yearly
PLAN
Billed Amount ₹2,499
15
Days Trial
+Includes DocuBay and TimesPrime Membership.
₹150/month
(Save 63%)
2-Year
PLAN
Billed Amount ₹3,599
15
Days Trial
+Includes DocuBay and TimesPrime Membership.
Already a Member? Sign In now
Why ?
Exclusive Economic Times Stories, Editorials & Expert opinion across 20+ sectors
![]()
Stock analysis. Market Research. Industry Trends on 4000+ Stocks
-
Clean experience with
Minimal Ads ![]()
Comment & Engage with ET Prime community -
Exclusive invites to Virtual Events with Industry Leaders ![]()
A trusted team of Journalists & Analysts who can best filter signal from noise
For all the latest Technology News Click Here
For the latest news and updates, follow us on Google News.
Denial of responsibility! NewsBit.us is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.
