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The Big Story

Southeast Asian tech hubs race to become the next Silicon Valley

Investment and government initiatives ignite startups scenes from Singapore to Penang

| Southeast Asia

Southeast Asia's tech startup scene is getting hotter by the year. Money is pouring in and valuations are soaring as investors bet big on the region's rapid growth, huge markets and youthful, mobile-savvy consumers.

With so much at stake, cities from Singapore to Vietnam's Ho Chi Minh City are competing to become the next Silicon Valley -- home not only to successful startups but also to the mentors, investors and institutions that support them.

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