Startup Idea Checklist for South-East Asia (Part 1)
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While looking to more mature ecosystems like the US and China for ideas that can be transferred to South-East Asia, entrepreneurs should bear in mind that the region has some unique challenges that aren’t present elsewhere. The classic fragmented argument still rings true, so does the fact that income levels are a fraction of more developed markets. This is also reflected in the development of the infrastructure, which is why the Pinduoduo clones in SEA have a harder time getting off the ground, as there is no WeChat pay, or WeChat mini apps that the users can easily plug into, nor is there efficient last mile delivery, but whoever can solve these problems will easily be a unicorn.
Startup Idea Checklist for South-East Asia (Part 1)
Startup Idea Checklist for South-East Asia…
Startup Idea Checklist for South-East Asia (Part 1)
While looking to more mature ecosystems like the US and China for ideas that can be transferred to South-East Asia, entrepreneurs should bear in mind that the region has some unique challenges that aren’t present elsewhere. The classic fragmented argument still rings true, so does the fact that income levels are a fraction of more developed markets. This is also reflected in the development of the infrastructure, which is why the Pinduoduo clones in SEA have a harder time getting off the ground, as there is no WeChat pay, or WeChat mini apps that the users can easily plug into, nor is there efficient last mile delivery, but whoever can solve these problems will easily be a unicorn.