Investors hope unicorns will snap up Southeast Asian startups
DO YOU HAVE A SUCCESS STORY?
We’d like to hear from you.
Mon, 16 Sep. 2019
Author: Nikkei Asian Review
Publish Date: 11 September 2019
TOKYO/SINGAPORE – For a country with little success in having homegrown startups go public, the sale of Philippine payments company Coins.ph in January was a landmark deal. But it had a twist. Instead of raising cash through an initial public offering of its shares, the startup found a different kind of buyer – Indonesian ride-hailing company Go-Jek, which acquired Coins for more than $70 million.
To read the full article from Nikkei Asian Review, please click the link below.