WeWork shock has investors wary of Southeast Asia startup bubble
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Mon, 23 Sep. 2019
Author: Nikkei Asian Review
Publish Date: 23 September 2019
SINGAPORE – Southeast Asia has attracted a flood of private capital that has underwritten a slew of high-value startups in the region, like ride-hailing giants Grab and Go-Jek. But investors are starting to question the valuations of these high flyers after huge markdowns slammed a number of U.S. startups in their public debut.