Southeast Asia hosting more unicorns as internet economy takes off

China's big-tech crackdown likely reinforces global investors' interest in region

20211014 singapore skyline

Singapore and other nations in Southeast Asia are hosting ever more unicorns as internet economy takes off. (Photo by Ken Kobayashi)

KEN KOYANAGI, Nikkei senior staff writer

TOKYO -- Southeast Asia seems to be establishing itself as a major ecosystem for startup growth, side by side with India, as China loses some of its luster as an investment destination following its harsh crackdowns on internet giants.

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