Southeast Asia zooms past China as World’s #1 mobile hot spot

Interesting twist: if Singapore taxi company ComfortDelGro’s profits are anything to go by, both new (“disruptive”) & traditional players are cashing in on the fast penetration of mobile, cashless economy in Southeast Asia.

Grab and GOJEK may go at it all they want, this goes to show the level of agility that many brick and mortar companies have reached in that part of the world…

https://asia.nikkei.com/Business/Business-trends/Southeast-Asia-eclipses-China-as-world-s-mobile-economy-hot-spot

Picture credits: Reuters

Nicolas Michelon

Nicolas is a corporate geoeconomics and strategic & business intelligence expert with 25 years of experience in the Asia-Pacific, and more recently in the Gulf and Türkiye. A Managing Partner at Alagan Partners, he advises corporate executives on how to navigate the current geopolitical and geoeconomic environment, mitigate risk and develop prospective scenarios. He is also an Adjunct Professor & Guest Lecturer in geopolitics, geoeconomics and business intelligence at ESCP Business School (France), Galatasaray University (Türkiye), University Mohammed VI Polytechnic (Morocco), and Ecole de Guerre Economique (Paris School of Economic Warfare).