A growing number of startups and tech companies globally gives the opportunity for the players to lead a new economy. One of the significant factors to observe is by paying attention to the revenues they have gained until today. According to Tech in Asia, the top startups and tech companies in Southeast Asia are listed below!
1. Grab (Transportation), Singapore
Revenue: US$3.8B
Number of Employees: 1,001 – 5,000
Grab provides ride-hailing and ridesharing and other services through just one app.
2. Lazada (E-commerce platforms), Singapore
Revenue: US$3B
Number of Employees: 5,001 – 10,000
The operations of Lazada as an e-commerce platform have spread across Southeast Asian countries.
3. Sea / Garena (Internet technology, Games), Singapore
Revenue: US$2B
Number of Employees: 1,001 – 5,000
Sea or Garena appears as a major internet technology company that focuses its services in the Greatest Southeast Asia.
4. Go-Jek (Transportation), Indonesia
Revenue: US$1.5B
Number of Employees: 1,001 – 5,000
Go-Jek is considered a leading mobile tech and innovation from Indonesia that caters its customers in the fields of transportations and lifestyles. The app also provides digital payments.
5. Tokopedia (Marketplaces), Indonesia
Revenue: US$1.1B
Number of Employees: 1,001 – 5,000
Indonesia’s Tokopedia is the largest online marketplace in the country. It provides business players access to manage their online stores.
6. Traveloka (Online travel), Indonesia
Revenue: US$500M
Number of Employees: 1,001 – 5,000
This technology company was established by ex-Silicon Valley engineers. Traveloka as the travel tech company allows its customers to book airline tickets and hotel.
7. AirTrunk (Telecommunications), Singapore
Revenue: US$370M
Number of Employees: 11 – 50
AirTrunk promotes the use of data by opening data centres in two Australian hotspots and would use the money generated from there to expand more data centres in Asia Pacific countries.
8. Bigo (Broadcasting, Digital Media), Singapore
Revenue: US$272M
Number of Employees: 201 – 500
A Singapore-made app Bigo Live offers live video streaming that engages people globally. It is said the app has stolen the hearts of teenagers.
9. iflix (Entertainment, Video Streaming), Malaysia
Revenue: US$223M
Number of Employees: 51 – 200
Malaysia’s iflix marked its first appearance in Southeast Asia offering video streaming service and thousands of TV shows and movies.
10. Trax Image Recognition (Image Recognition), Singapore
Revenue: US$208.5M
Number of Employees: 201 – 500
Headquartered in Singapore, Trax is a technology that focuses on image recognition. The services they offer are specialized for retail sectors.