The Copy And Paste Model That Pumped Up China Lives On In Southeast Asia [Forbes]
Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share (BABA)
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Source: Forbes
The Copy And Paste Model That Pumped Up China Lives On In Southeast Asia Driven by the copy and paste model of innovation, it’s increasingly clear that the emerging startup and investment opportunities in the Asian region are tilting toward Southeast Asia. It’s the next China opportunity, after India. From e-commerce to ride-hailing to mobile payment and local services, business models that have worked in China can be easily adapted from Chinese startups and transplanted here. Lookalikes of China’s leading startups Didi, Alibaba, WeChat Pay and more have sprung up in India and now have emerged in Southeast Asia. They are often more advanced than western models, due to a leapfrogging over traditional payment, shopping, transit and services common in the West. Unicorns are emerging here in the region too – 14 already, and developing more quickly than in the past. While far from the level of China and the U.S., a new report by technology advisory firm North Ridge Partners points to how S
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