Tencent

Chinese fintech firms have identified the Indonesian market as an attractive expansion destination given its resemblance to the early days of China’s fintech revolution.

Investments are expected for sectors including construction materials, home appliance, artificial intelligence, and Internet of Things.

India ranks second after China among developing countries where residents don’t have a bank account or access to financial services.

Tencent’s move to entirely acquire Sogou represents a shift in China’s internet landscape.

Agile companies such as Peak and Masomo coveted for strength in Asian market.

Having a large user base and financial resources doesn’t guarantee immediate success.

A victory for the individuals against tech giants.

Alibaba, Tencent and ByteDance all covet Baidu’s search business.