ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
A Revolution prefabricated home on display in Paris: The Philippine company and its founder, Robbie Antonio, made headlines with its promise to deliver quick-to-assemble luxury homes. (Source photo by courtesy of Revolution Precrafted)
Business Spotlight

As the Philippines' first unicorn stumbles, can 'camels' rise?

Revolution Precrafted becomes a cautionary tale for valuation-focused startups

CLIFF VENZON, Nikkei staff writer | Philippines

MANILA -- Revolution Precrafted is a different kind of unicorn -- but then the startup scene in the Philippines has always been a bit different from the rest of Southeast Asia.

At a time when Singapore-based Grab Holdings and Indonesian rival Gojek were building digital empires spanning everything from ride-hailing to digital payments and more, Revolution and its founder, Robbie Antonio, were promising quick-to-build luxury homes.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more