South-east Asia a 'goldmine of untapped opportunity', says Grab co-founder

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SINGAPORE - Even though South-east Asia remains underserved, solutions that are 'copy and paste' from developed markets would not work well here, ride-hailing giant Grab's co-founder Tan Hooi Ling said.. Read more at straitstimes.com.

SINGAPORE - Even though South-east Asia remains underserved, solutions that are"copy and paste" from developed markets would not work well here, ride-hailing giant Grab's co-founder Tan Hooi Ling said.

Ms Tan was one of four panellists on the Unicorns: Fast Take-off session on Wednesday morning. She was joined by Eric Gnock Fah, chief operating officer and co-founder of travel platform Klook; Forrest Li, chairman and group chief executive officer of Sea, parent company of Garena and Shopee; and Tan Min-Liang, co-founder and CEO of gaming company Razer.

The company is a platform offering tours and day trips, rather than flights or hotels, and Mr Gnock Fah said the opportunity lies in the fact that the travel industry is a mobile-driven one where users tend to make such bookings at the last minute. A common thread for the four panellists was the importance of staying focused on their specialisation while staying open-minded. For Razer, Mr Tan said Razer had built a cult brand, but its focus on its users remains the most important.

For Sea, which owns gaming platform Garena and e-commerce arm Shoppee, Mr Li said even if these businesses seem totally different, they share common key matrices in terms of key daily users.

 

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