The Asian financial crisis was a period of financial crisis that gripped much of East Asia and Southeast Asia beginning in July 1997 and raised fears of a worldwide economic meltdown due to financial contagion. However, the recovery in 1998–1999 was rapid and worries of a meltdown subsided.
The Charoen Pokphand Group (CP) is a Thai conglomerate based in Bangkok. It is Thailand's largest private company. The company describes itself as having eight business lines covering 13 business groups. As of 2020, the group has investments in 21 countries.
Big C, is a grocery and general merchandising retailer headquartered in Bangkok, Thailand. Big C is as of 2016 Thailand's second-largest hypermarket operator after Lotus's. It has operations in four countries, namely Thailand, Vietnam, Laos and Cambodia.
PTT Public Company Limited or simply PTT is a Thai state-owned SET-listed oil and gas company. Formerly known as the Petroleum Authority of Thailand, it owns extensive submarine gas pipelines in the Gulf of Thailand, a network of LPG terminals throughout the kingdom, and it is involved in electricity generation, petrochemical products, oil and gas exploration and production, and gasoline retailing businesses. The company also owns Café Amazon, a popular coffee chain throughout South East Asia, which shops are often located next to PTT gas stations or inside malls.
Ever since the 1997 Asian financial crisis, property markets have greatly developed through the years. Asian governments have improved the financial stance associated with the structure of housing finance, allowing more access to a diverse range of mortgages products.
Electronic commerce or e-commerce in Southeast Asia is the buying and selling of products and services over the internet in the countries of Southeast Asia. These practices reached Southeast Asia during the dot-com mania in the 1990s. After the dot-com bust, native e-companies have seen promising and fast growth in their sector.
PricePanda is a price comparison shopping website and distributed content store, founded in 2012 by Christian Schiller and Louis Iskandar in Berlin. The managing director is Philip Wegener.
Tokopedia is an Indonesian technology company specializing in e-commerce. It was founded in 2009 by William Tanuwijaya and Leontinus Alpha Edison
Grab Holdings Inc., commonly known as Grab, is a Southeast Asian technology company headquartered in Singapore and Indonesia. In addition to transportation, the company offers food delivery and digital payments services via a mobile app.
WhatsNew Group is a Thailand based e-commerce company that is parent to multiple e-commerce brands that include Petloft, Venbi, Sanoga (health), Lafema (beauty) and MOXY. The company leverages technology and the Internet to make home life and online shopping easier for people in Southeast Asia. Headquartered in Bangkok, WhatsNew Group sells both international and local brands under each e-commerce vertical. It is one of the portfolio companies of Ardent Capital, a venture capitalist based in Thailand. As of January 2016, the company merged with Bilna, Indonesia's e-commerce platform for mothers and announced a regional rebrand to the name Orami.
Video gaming is a rising industry in Thailand. The country is currently the 23rd largest video games market in the world, with a revenue of $338 million in 2015, the highest of Southeast Asia.
iPrice Group Sdn Bhd is a privately owned online shopping aggregator based in Kuala Lumpur, Malaysia. The company is an online aggregator that simplifies a consumers shopping experience by allowing them to browse for products and compare prices from various online stores. iPrice is a funding and investment product of Asia Venture Group and currently operates in seven Asian countries; namely Hong Kong, Singapore, Indonesia, Philippines, Thailand, Vietnam, and Malaysia. As of May 2017, iPrice hosts a catalogue of over 110 million products from over 1000 merchants across the region, including big e-commerce sites like Lazada and Zalora.
Vertex Venture Holdings, also known as Vertex Holdings, is an investment holding company with a group of venture capital funds worldwide. A subsidiary of Temasek Holdings, the company focuses on venture capital investment opportunities in the information technology and healthcare markets through its global family of six direct investment venture funds. Vertex provides anchor funding and operation support to these funds. Each fund has its own General Partners and investment teams, focusing on different regional markets. Its six funds are based across Southeast Asia and India, United States of America, China and Israel.
Ascend Group is a privately owned e-commerce company headquartered in Bangkok, Thailand as a spin-off of True Corporation. It marked its $150-million expansion by launching their affiliates in the Philippines and Indonesia, Vietnam, and also hard to reach economies like Myanmar and Cambodia.
Gojek is an Indonesian on-demand multi-service platform and digital payment technology group based in Jakarta. Gojek was first established in Indonesia in 2010 as a call center to connect consumers to courier delivery and two-wheeled ride-hailing services. Gojek launched its application in 2015 with only four services: GoRide, GoSend, GoShop, and GoFood. Valued at US$10 billion today, Gojek has transformed into a super app, providing more than 20 services.
Funding Societies is Southeast Asia’s largest SME digital financing platform, headquartered in Singapore. It was the first such platform in Singapore to engage an escrow agency to independently and safely manage investors’ funds. In Indonesia it is known as Modalku. The platform crossed S$ 1Bn in loans given out in 2019 making it the largest such platform in the region. To date, it has given out more than S$2.5 billion in financing through 4.8 billion loans across the region.
Instarem, founded by Prajit Nanu and Michael Bermingham, is a Singapore-headquartered Fintech company offering digital cross-border money transfers to individuals and businesses." Instarem is now a part of Nium.
Zilingo is a technology and commerce platform in the fashion industry.
Traveloka is an Indonesian unicorn company that provides airline ticketing and hotel booking services online expanding rapidly into Southeast Asia and Australia. It recently expanded to provide lifestyle products and services, such as attraction tickets, activities, car rental, and restaurant vouchers.
Korawad Chearavanont is a Thai entrepreneur, founder and CEO of Amity, formerly known as Eko, an enterprise communications app headquartered in Bangkok, Thailand.
