Start-up investment in South-East Asia doubles despite Covid-19


HANOI, July 28 (Bernama): Investment in start-ups in South-East Asia soared in the second quarter of this year despite the Covid-19 pandemic, led by e-commerce and fintech companies, reported VNA.

Data from Singapore-based start-up information platform DealStreetAsia showed the value of fundraising deals in Southeast Asia rose 91 per cent on the year to US$2.7 billion in the second quarter of this year, while the number of transactions increased by 59 per cent to 184 compared to the same period last year.

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