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Top 10 Southeast Asian Startups. Which One Is Your Favorite?
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Top 10 Southeast Asian Startups. Which One Is Your Favorite?

According to Tech in Asia, those listed below are the 'survivors' and best 10 startups in Southeast Asia as 2017 wasn't an easy year for them to sustain in the booming industry.

Check on your favorites here, in rankings:

10. ZALORA

Source: Altitude Labs
Source: Altitude Labs

With revenues of US$268 million in the first nine months of 2017, Zalora has a presence in Singapore, Malaysia & Brunei, Indonesia, Hong Kong, the Philippines and most recently in Taiwan. Its profits have secured its position as the leader of the fastest growing e-commerce segment: the online fashion market.

9. IFLIX

Source: Financial Times
Source: Financial Times

The top streaming app in emerging markets across Asia (beating American counterpart Netflix), it raised US$133 million in 2017 to boost production of locally-oriented original content, which is available in 25 countries across Asia and Africa.

8. AIRTRUNK

Source: AirTrunk
Source: AirTrunk

Provides large-scale data centres in super-cooled warehouses across Asia and Australia.

7. TRAVELOKA

Source: WorkVenture
Source: WorkVenture

Expedia paid US$350 million for the privilege of bringing its travel services to Asia via the Indonesian-based Traveloka.

6. GOJEK

Source: Medium
Source: Medium

A uniquely Indonesian motorbike and taxi-hailing app, it now does much more including grocery delivery and massages. It is apparently backed by China’s Tencent.

5. MATAHARI MALL

Source: Retail News Asia
Source: Retail News Asia

The ubiquitous Lippo-backed shopping malls are now online, to rival Alibaba. It faces stiff competition from other regional e-commerce websites.

 4. TOKOPEDIA

Source: newkamagliders
Source: newkamagliders

Looking to increase its presence in the Indonesian archipelago, Alibaba has invested US$1 billion in Indonesia’s e-commerce portal.

3. SEA

Source: Interbrand
Source: Interbrand

Originally games platform Garena, Sea has now diversified into digital payments through AirPay and e-commerce with Shopee. SEA is valued at US$4 billion.

2. LAZADA

Source: Business Insider Malaysia
Source: Business Insider Malaysia

Southeast Asia’s answer to Alibaba, Lazada has grown to become a household name in the region. Jack Ma bought a portion of Lazada at US$2 billion.

1. GRAB

Source: The Malaysian Reserve
Source: The Malaysian Reserve

The David that defeated Goliath, it now has a monopoly in Malaysia and Singapore with the departure of Uber from the region. It raised US$2 billion in funding in Southeast Asia and is now valued at US$6 billion.


Source : https://www.unreservedmedia.com/southeast-asia-top-10-startups/

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