Last updated: 5 April, 2013
Tech startup activity has intensified in Southeast Asia in the past few years as investors and entrepreneurs have started to look more seriously at opportunities in the region. Acquisition activity has increased too. To help you keep track of what’s happening, here’s a cheatsheet of exits in the past few years, covering Singapore, Indonesia, Philippines, Malaysia, and Thailand. Let us know if we missed out on any company, or if you have any feedback on how to improve the list.
As a former venture capitalist I’ve been privileged to interact with numerous entrepreneurs in South Asia and play a small role in some start-up ventures. A few of these succeeded and went on to become large companies while many others failed.
Some ended up as lifestyle businesses – the living dead in VC parlance – and continue to chug along never quite realizing their original promise.
Groupon has announced the launch of Groupon Singapore, Philippines, Hong Kong and Taiwan through the acquisition of daily deal sites: Beeconomic (Singapore and Philippines), uBuyiBuy (Hong Kong) and Atlaspost (Taiwan).
The terms of the deals have not yet been disclosed. Read more
Following the boiling hot Groupon Clones scene in Singapore, Southeast Asia deal aggregator, All Deals Asia, started collecting data since August 2010. They are now tracking 15 daily deal sites in Singapore.
This Part 2 article is the concluding piece to the previous part about the performance of daily deal companies in Singapore.
Below, you can find an updated Performance Chart and a ranking review of the various companies. Read more
Daily Deal websites, or more infamously known as ‘Groupon Clones’ have taken the world by storm since December 2009. The world has rode on the ripple effects of Groupon’s runaway success and the deal-a-day scene has since mushroomed all over the world either via Groupon’s own brand name or more often by clones touched up with local flavour and understanding of its own market.
We hear that in China there are 1000s of clones and counting, so how about our very own South-East Asia bloc? Read more