The Silver Lining: Stephanie Davis of Google, Wai Hoong Fock of Temasek & Florian Hoppe of Bain

Indo Tekno Podcast

The three lead authors of the annual e-Conomy SEA report return to the Indo Tekno podcast to share further color on this seminal report on the state of the Southeast Asian digital economy. Stephanie Davis of Google shares deep analysis around the nature of slowing digital adoption growth in 2022, describing the massive shift amongst the region's tech platforms from "acquisition to deeper engagement as a business model." Wai Hoong Fock from Temasek meanwhile reviews several mixed trends in public and private valuations, noting all the while a continued rise of interest in the region amongst investors, which is no better revealed than by the sharp growth in the number of single family investment offices based in Singapore from 400 in 2020, to 700 in 2021. Florian Hoppe of Bain & Company summarizes conversations with a wide swath of the firm's tech clients, noting surprise by how well Southeast Asia has held up. Compared to what his global colleagues are seeing, Florian posits that Southeast Asia "appears to be relatively far away from a real recession."