Southeast Asia’s internet economy bounces back with record investments in e-commerce, digital financial services

Source: Tech – South China Morning PostGlobal investors pumped in a record US$11.5 billion into Southeast Asia’s tech companies in the first half of this year, with the bulk of funds going into e-commerce and the digital financial services sector, according to a new industry report.The number of deals between January and June in 2021 rose by 65 per cent compared to the same period last year, suggesting a rebound from the pandemic-induced slowdown in 2020, when US$11.6 billion flowed into the internet economy.The figure was US$12…Read More

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