Financial services are pushing up the revenues of the Southeast Asia 500's most prominent tech startups
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Financial services are pushing up the revenues of the Southeast Asia 500's most prominent tech startups
Tech has a tiny presence on the Southeast Asia 500, generating just under 3% of the list’s total revenue. Just one internet company, Sea, sits in the top 20, whereas four such companies sit in the Fortune 500’s top 20. Yet the region’s most prominent internet platforms all climbed up this year’s rankings. Sea, No. 15, rose five places on this year’s Southeast Asia 500 after growing its revenue by almost 30% year-on-year to reach $16.8 billion. …
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