Last year saw the incredible reversal of fortunes of high-profile Southeast Asia tech start-ups. At the end of 2022, the combined market cap of Grab, GoTo and BukaLapak fell by USD51 billion, a far cry from the lofty valuations the trio commanded when they each made their IPO debuts. How might 2023 play out for the regional tech sector - can companies reverse the decline in share price and improve prospects? Nathan Naidu of Bloomberg Intelligence gives his take.



Image Credit: Adansijav Official / Shutterstock.com

Last year saw the incredible reversal of fortunes of high-profile Southeast Asia tech start-ups. At the end of 2022, the combined market cap of Grab, GoTo and BukaLapak fell by USD51 billion, a far cry from the lofty valuations the trio commanded when they each made their IPO debuts.&nbsp;How might 2023 play out for the regional tech sector - can companies reverse the decline in share price and improve prospects? Nathan Naidu of Bloomberg Intelligence gives his take.Image Credit:&nbsp;Adansijav Official / <a target="_blank" rel="noopener noreferrer nofollow" href="http://Shutterstock.com">Shutterstock.com</a>

Opinion and analysis of today’s international and local news that matter to Malaysians. Everything you need to know to start and plan your work.

Opinion and analysis of today&rsquo;s international and local news that matter to Malaysians. Everything you need to know to start and plan your work.

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