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It’s a very early stage of the China-Indo corridor, Qiming Ventures’ Helen Wong says | The Indo Tekno Podcast

Written by Indo Tekno Podcast Published on   1 min read

“We worked with Alibaba and Tencent, they bring a lot of very good resources for startups and portfolio companies, but you have to be aware that corporate VCs have different objectives.”

The Indo Tekno podcast is hosted by Alan Hellawell, who is the founder of Gizmo Advisors and a venture partner at Alpha JWC Ventures. “Sino Indo Tekno” is a new collaboration with leading China technology authority Art Dicker and his Shanghai-based Gan Bei podcast. Sino Indo Tekno will air regularly to address the growing interconnectedness of the China and Indonesia technology worlds.

In this episode, Alan talks to Helen Wong of Qiming Ventures. Qiming is one of China’s first major venture investors into Indonesia, backing companies like Akulaku or RedDoorz. Wong compares and contrasts Indonesia today with the early days of the China internet, when internet platforms such as Sina and Sohu first disintermediated the media industry, while their peers eventually went on to change the face of banking, healthcare and other verticals in China.

“I think maybe some of the traditional players in banking or healthcare or other areas in Indonesia, are more aware of what can happen to them,” Wong explains. “So they are actually jumping in to prevent that same thing happening in China.”

Wong goes on to profile a number of China-Indonesia synergies that have emerged in the internet space, but at the same time she expects Indonesia to produce its own champions in areas such as agritech, Muslim fashion, and shariah finance.

Listen to the full podcast here.

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