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8 takeaways from Google, Temasek, and Bain & Company’s 2021 report on Southeast Asia’s internet economy

From broad views to sector-based analysis, the report provides a look at what’s in store for Southeast Asia.

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Meta is far from the only company building virtual playgrounds and workspaces.
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Baidu launches Xirang metaverse environment
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Generation raised on social media moves past stigma of domestic brands.
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OK, Zoomers: Chinese youth help cosmetics industry boom
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The company lost a key advantage when it was ordered to scrap exclusive music licensing agreements.
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Tencent Music Entertainment misses revenue estimates as users move to competing platforms
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Alpha JWC’s portfolio companies have collectively raised more than USD 1 billion this year.
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Alpha JWC Ventures raises USD 433 million for largest early-stage fund in Southeast Asia
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Regulators now mandate the processing of user data to be more transparent.
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Alipay adds privacy feature as Chinese users become increasingly concerned with data protection
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Shares in Futu Holdings and Up Fintech Holding plunge after Beijing critique.
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‘China’s Robinhood’ brokerages are next targets in tech crackdown
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Eden Farm claimed that the income of farmers in its ecosystem has increased by more than 200% after joining the platform.
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Indonesian B2B agritech startup Eden Farm raises USD 19 million to empower local farmers
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HoneyBook is now valued at over USD 2 billion.
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Israeli-founded HoneyBook raises USD 250 million Series E led by Tiger Global
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