Sequoia says it’s positive about Southeast Asia’s start-ups in spite of difficult marketplace

Venture capital company Sequoia remains to be “quite optimistic” about long-term possibilities for start-ups, in spite of the recent market volatility, “This is a particularly challenging market for founders to get started,” Abheek Anand, managing director of Sequoia Southeast Asia, instructed CNBC’s “Squawk Box Asia” on Wednesday. When requested in regards to the company’s outlook … Read more

Southeast Asia’s e-commerce marketplace continues to be in its ‘opening act,’ says challenge capital company

“Source of This Article:- “https://www.cnbc.com/2022/05/20/e-commerce-in-southeast-asias-still-in-the-opening-act-vc-firm.html Southeast Asia’s e-commerce ecosystem continues to be at a “very, very nascent stage” and plenty of extra trade fashions and firms might be shaped within the area, mentioned the founding spouse of a challenge capital company. “We’re talking about single-digit digital penetration, as compared to the overall commerce penetration,” Amit … Read more

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