SINGAPORE -- Southeast Asia has attracted a flood of private capital that has underwritten a slew of high-value startups in the region, like ride-hailing giants Grab and Go-Jek. But investors are starting to question the valuations of these highfliers after huge markdowns slammed a number of U.S. startups in their public debut.
Startups
WeWork shock has investors wary of Southeast Asia startup bubble
Nosebleed valuations and huge cash burns taint image of high-flying unicorns
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WeWork operator We Company postponed its initial public offering after slashing its market value. © Reuters
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