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Alibaba and Tencent Are Carving up Southeast Asia’s Startup Ecosystem

· Analysis,TechCrunch,Alibaba,Tencent,Editor's Desk

Two global tech forces are putting their mark — and money — into Southeast Asia’s nascent startup ecosystem, but they may not be the Western names that you expect.

 

Rather than Google, Facebook or Microsoft, increasingly Chinese duo Alibaba and Tencent are the driving forces behind the importing of large sums of capital and vast business experience into Southeast Asia’s most promising startups.

 

Both companies, sworn enemies in China, appear to have realized the potential in the region and are now acting on it. That means battles, drama and probably more — welcome to Southeast Asia’s tech Game Of Thrones.

This article was originally written by Jon Russell on July 22, 2017 and shared via TechCrunch.

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