Get in touch at enquiries@catchagroup.com In this new report, we analyse the next stages in the evolution of the regions tech ecosystem as we see it. The timing was a poignant one for us, as it marked 10 years since we had founded iProperty, a company we sold in 2016 in one of the largest exits in SEA internet history. Here, we review the predictions that we made in 2017 on the regional tech scene and make 8 new predictions on the direction of the SEA tech scene over the next 24 months, as we run up to Catcha’s 20th anniversary of creating internet businesses in SEA.

1. 8 Predictions for the Southeast Asian Tech
Scene over the next 24 Months
Feb 2018

2. Foreword
2
If you have any questions on the report, please reach out via enquiries@catchagroup.com. Opinions expressed are solely perspective of Catcha Group. Neither Catcha Group or any of its respective
affiliates or employees makes any representation or warranty, express or implied, as to the accuracy or completeness of the information contained in this document. All figures as in USD.
Dear readers,
Since 1999, I have been very fortunate to be part of the Southeast Asia (SEA) tech scene as an
entrepreneur and investor, witnessing its explosive growth from nothing to its booming state today.
Luke and I cofounded Catcha Group to build disruptive tech businesses from SEA, and our journey
has been one where even our sometimes crazy expectations have been exceeded. There are now
tens of thousands of people working in businesses like those we imagined, including 3,000 in our
own companies, and SEA has become an emerging markets benchmark and test bed, enabling the
lessons learned in this part of the world to be deployed in developing nations globally. The
innovation of companies in SEA has become something to emulate and admire.
In 2017, we decided to put together a report to analyse the next stages in the evolution of the SEA
tech ecosystem as we saw it. That time was a poignant one for us, as it marked 10 years since we
had founded iProperty, a company we sold in 2016 in one of the largest exits in SEA internet history.
In this new report, we review the predictions that we made in 2017 and make 8 new predictions on
the direction of the SEA tech scene over the next 24 months as we run up to Catcha’s 20th
anniversary of creating internet businesses in SEA.
Hope you find this interesting and we can’t wait to see what excitement the future brings.
Patrick Grove

3. Review of our 7 predictions for the SEA tech scene made
in Jan 2017
3
Source: Google-Temasek e-Conomy SEA Spotlight 2017, Pitchbook, Crunchbase, UOB State of Fintech in ASEAN, Tracxn.
1. SEA will become a bigger
internet market than the USA
2. Funding will be harder to get
3. At least three companies will
raise $100m+ rounds
4. There will be another exit
(IPO/M&A) in excess of $500m
5. The year of China
6. There will be a widespread
embrace of fintech
7. A different startup will run out
of money every week
✓
✓
✓
✓
✓
?
By the end of 2017, the region attained 330m active
internet users, overtaking the USA
Number of deals fell by 34% from 2016-2017
Grab, Go-Jek, Tokopedia, Traveloka, iflix and
OneChampionship all raised $100m+ rounds
Sea Group IPO-ed on the NYSE at $4.9bn and
Razer IPO-ed on the SEHK at $4.4bn
Alibaba, Tencent and Didi led three investments into
Tokopedia, Go-Jek and Grab respectively –
representing the three biggest tech deals, worth $4.3bn
in total, i.e 72% of total deal value in 2017
Total fintech funding increased by 40%. There are more
payment apps than ever before in SEA
… this is a tricky one – we have yet to find any
evidence to either prove or disprove this
✓

4. 8 predictions for the SEA tech scene over the next 24
months
4
1. By the end of 2019, SEA will have 460m internet users and $10bn
raised in private tech funding
2. First Decacorn ($10bn+ valuation) will emerge from SEA
3. A new Unicorn will be built in less than 3 years from launch
4. Chinese companies remain the largest source of tech funding
5. At least 2 more IPOs in excess of $500m
6. Consolidation of the SEA tech landscape – there will be 2
acquisitions in excess of $500m
7. Corporates and governments in SEA will invest at least $1bn in the
startup ecosystem
8. At least one SEA country will accept/issue a virtual currency as a
legal tender
1
2
3
4
5
6
7
8

5. Snapshot of the SEA tech ecosystem from 2001 to 2017
5
* Funding figures are only based on publicly available data, we acknowledge that data might be incomplete during this period.
Internet and Mobile
Infrastructure Boom
2007-14: Internet users and
speed increased by 5x and
10x respectively
2012-14:Smartphone sales
increased by 4x, and avg
device price dropped by 2x;
mobile internet speed
increased by 2x
Foreign Tech
Companies Entrance
Entrance of foreign tech
companies created more
tech jobs. Rocket Internet
attracted talent and
capital into SEA
Influx of Early Stage
Funding
AWS’s entrance lowered
the cost of capital, making it
cheaper than ever to start a
tech business.
2010-13: Number of private
tech deals increased 95%
on average annually, with
majority of funding
concentrated in early-stage
startup
Unicorn Era
6 unicorns were founded
between 2009-2012, all
took 4.7 years on avg to
achieve unicorn status
More Local Corporate Involvement
Than Ever
SEA-based corporates are actively
engaging with startups via
partnerships/investments, but yet to
engage in significant M&A
Private Tech Funding Explosion
More Foreign Interest Than Ever
Active Government Support
2014-2017: Funding Value grew at a
94% CAGR, but 90% of total funding in
2017 went to 10 startups. Unicorns are
using these funds to grow via M&A
2014-15: Two of the biggest SEA Tech
acquisitions (JobStreet and iProperty)
by Australian corporates.
2017: Chinese tech giants were
involved in the 3 biggest tech deals
Governments are actively pushing
digital agendas and introducing more
startup-friendly policies, from tax
incentives to immigration law
GrowthVentureSeed
2007 20142001
Lack of Funding
Poor Internet
Infrastructure
Little Government
Support
Few Tech Entrepreneurs
and Talent
$11m raised in 14 private
tech fundraising rounds.*
Dotcom bust made raising
public money for tech
businesses harder in SEA
10% Internet Penetration;
0.6% broadband
penetration
Only SG and MY had
formal govt agencies to
support tech ecosystem
Small handful of tech
businesses with limited
success at the time

6. Number of internet users in SEA increased by ~17x since
2001 – overtaking major developed countries
6
Source: World Bank, Google-Temasek Report, Internet Live Stats
SEA # Internet Users (2001-2017)
19m 24m 29m 37m
48m
58m
68m 75m 80m
111m
127m
148m
166m
186m
219m
246m
330m
,000
-
,000
,000
,000
,000
,000
,000
,000
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
Overtook USA # Internet Users
Overtook Japan # Internet Users
Overtook combined # Internet
Users of Germany, UK and France

7. Fixed broadband speed increased by 10x since 2007,
improving user experience for internet-based products
7
Source: Akamai
1.1Mbps 1.2Mbps
1.5Mbps 1.6Mbps
1.9Mbps
2.3Mbps
2.9Mbps
3.9Mbps
5.5Mbps
7.8Mbps
11.2Mbps
Mbps
Mbps
Mbps
Mbps
Mbps
Mbps
Mbps
Mbps
Mbps
Mbps
Mbps
Mbps
Mbps
Mbps
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
SEA Fixed Broadband Speed (2007-2017)
10x

8. SEA private tech funding increased exponentially from
2010 once the region had more than 100m internet users
8
Source: Crunchbase, Pitchbook; Figures are as at 31 Dec 2017. Only disclosed deals from startups that are backed by angels, accelerator/incubator, seed funds, and
VC/PE funds are included. Funding figures from 2001 to 2006 are based on publicly available data and we acknowledge that data might be incomplete during that period.
$0.0m $0.0m $0.3m $0.0m $6.9m $4.0m $6.0m $4.7m $5.2m $90.8m $213.3m $128.6m
$507.0m
$811.0m
$1,271.0m
$2,285.4m
$5,954.3m
0
1000
2000
3000
4000
5000
6000
7000
8000
0
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
SEA Private Tech Funding (2001-2017)
1646% increase in funding as #
internet users exceeded 100m
160% increase in funding as #
internet users exceeded 250m
Smartphone sales increased by 4x,
average price per smartphone dropped
by ~2x, funding increased by 531%

9. 68m 75m 80m
111m
127m
148m
166m
186m
219m
246m
330m
0,000
-
0,000
0,000
0,000
0,000
0,000
0,000
0,000
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
Larger internet population and better internet speed led
to exponential growth in SEA private tech funding
$6.0m $4.7m $5.2m $90.8m $213.3m $128.6m
$507.0m
$811.0m
$1,271.0m
$2,285.4m
$5,954.3m
0
1000
2000
3000
4000
5000
6000
7000
8000
0
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
9
Source: World Bank, Google-Temasek Report, Internet Live Stats, Akamai, Crunchbase, Pitchbook; Figures are as at 31 Dec 2017. Only disclosed deals from startups that
are backed by angels, accelerator/incubator, seed funds, and VC/PE funds are included.
1.1Mbps 1.2Mbps
1.5Mbps 1.6Mbps
1.9Mbps
2.3Mbps
2.9Mbps
3.9Mbps
5.5Mbps
7.8Mbps
11.2Mbps
Mbps
Mbps
Mbps
Mbps
Mbps
Mbps
Mbps
Mbps
Mbps
Mbps
Mbps
Mbps
Mbps
Mbps
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
SEA Private Tech Funding, # Internet Users, Fixed Broadband Speed (2007-2017)
Internet Speed  37%
Funding  60%
Internet Users  39%
Funding  1646%
Internet Users  17%
Internet Speed  44%
Funding  161%
In 2014, SEA dominated the top 3 on the list of countries
with most app downloads per user globally, with Malaysia
topping the chart at 4.84 app downloads per user, followed
by Indonesia of 4.15 and Philippines of 2.74

10. 1.1 Mbps 1.2 Mbps 1.5 Mbps 1.6 Mbps 1.9 Mbps 2.3 Mbps
2.9 Mbps
3.9 Mbps
5.5 Mbps
7.8 Mbps
11.2 Mbps
16.0 Mbps
22.8 Mbps
Mbps
Mbps
Mbps
Mbps
Mbps
Mbps
Mbps
Mbps
Mbps
Mbps
Mbps
Mbps
Mbps
Mbps
Mbps
Mbps
Mbps
Mbps
Mbps
Mbps
Mbps
Mbps
Mbps
Mbps
Mbps
Mbps
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018E 2019E
68m 75m 80m
111m
127m
148m
166m
186m
219m
246m
330m
386m
460m
0,000
0,000
0,000
0,000
0,000
0,000
0,000
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018E 2019E
Prediction: By the end of 2019, SEA will have 460m
internet users and $10bn raised in private tech funding
10Source: World Bank, Google-Temasek Report, Internet Live Stats, Akamai, Crunchbase, Pitchbook; Figures are as at 31 Dec 2017. Only disclosed deals from startups that
are backed by angels, accelerator/incubator, seed funds, and VC/PE funds are included.
SEA Private Tech Funding, # Internet Users, Fixed Broadband Speed (2007-2019E)
$0.0bn $0.0bn $0.0bn $0.1bn $0.2bn $0.1bn
$0.5bn
$0.8bn
$1.3bn
$2.3bn
$6.0bn
$8.5bn
$10.0bn
0
2000
4000
6000
8000
10000
12000
14000
0
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018E 2019E
1
▪ The 2018E and 2019E estimates for the # internet users assumes that 2017 # internet users continue to grow at the average annual growth rate between 2009 and 2017. 2009 was
the year that # internet users started to grow massively – between 2009 and 2010, the # internet users increased by 39%, highest YoY growth since 2001
▪ The 2018E and 2019E estimates for fixed broadband speed assumes that the 2017 speed continues to grow at the average annual growth rate between 2014 and 2017. 2014 was
the year that internet speed saw a massive improvement – between 2014 and 2015, internet speed improved by more than 40% YoY for the first time

11. The SEA tech ecosystem in 2017 is like China in 2008
11
Source: World Bank, Internet Live Stats, Crunchbase, Company Annual Report, Press Releases
300m
Tencent: $13bn
Baidu: $6.6bn
330m
Internet
Population
China in 2008 SEA in 2017
Tencent: $13bn
Baidu: $6.6bn
Combined
Market
Capitalisation
of Market
Leaders
~ $22bn ~ $22bn
=

12. Prediction: First Decacorn ($10bn+ valuation) will emerge
from SEA
12
Source: World Bank, Internet Live Stats, Crunchbase, Company Annual Report, Press Releases. *Estimation is based on extrapolation from SEA market capitalisation in
2017, assuming SEA between 2017 and 2019 achieve the same growth rate of market capitalisation per internet user as China between 2008 and 2010
459m
Tencent: $13bn
Baidu: $6.6bn
460m
Internet
Population
Average SEA unicorn valuation could reach up to $12.4bn
China in 2010 SEA in 2019E
Tencent: $13bn
Baidu: $6.6bn
$94.5bn $86.5bn*
2
=
Combined
Market
Capitalisation
of Market
Leaders

13. Global internet companies entered SEA via organic
expansion, investments and acquisitions
13
68m
75m 80m
111m
127m
148m
166m
186m
219m
246m
330m
00,000
00,000
00,000
00,000
00,000
00,000
00,000
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
Source: World Bank, Google-Temasek Report, Internet Live Stats
The entrance of Rocket
Internet and AWS
kickstarted the SEA
startup scene’s flywheel
SEA # Internet Users (2007-2017)
Influx of
USA tech
companies
into SEA

14. Investors Entrepreneurs
Rocket Internet brought capital and talent into SEA whilst
AWS lowered the cost of starting up a tech business
14
Source: a16z, Press Releases, LinkedIn, Company Websites
Talent Capital
▪ AWS expanded to SEA in
2010, creating price
competitiveness with local
cloud computing providers
▪ AWS lowered the cloud
computing cost by almost
100x compared to the early
2000s
▪ This made it cheaper than
ever to start a tech startup
Infrastructure
Talent, capital and infrastructure combined to create a powerful tech startup
ecosystem, creating a SEA Unicorn era
Unicorns founded 2009-2012
+ + =
Thriving Startup
Ecosystem

15. Private funding increased exponentially since 2010, but
was highly concentrated in late-stage startups in 2017
15
Source: Pitchbook, Crunchbase; Figures are as at 31 Dec 2017. Only disclosed deals from startups that are backed by angels, accelerator/incubator, seed funds, and
VC/PE funds are included. Late-Stage funding includes deals that are larger than $20m.
22
57
88
151
231
347 347
230
-200
-100
0
100
200
300
400
2010 2011 2012 2013 2014 2015 2016 2017
Early-Stage Late-Stage Number of Deals
SEA Private Tech Funding (2010-2017)
$5bn to
five
startups
$6.0bn
$2.3bn
$1.3bn
$0.8bn
$0.5bn
$0.1bn$0.2bn$0.1bn
Concentration of Late-stage FundingEarly-stage Capital Influx
Number of deals fell by 34%
while total deal value increased
by 2.6x

16. Largest SEA private funding rounds in 2017 -
Indonesia and Singapore tops the list
16
Source: Crunchbase, Pitchbook, LinkedIn; Data is as at 31 Dec 2017. Only disclosed deals from startups that are backed by angels, accelerator/incubator, seed funds, and
VC/PE funds are included.
SG IDN IDN IDN MY SG TH SG SG SG
2012 /
8,300+
2010 /
2,600+
2009 /
1,410+
2012 /
1,460+
2014 /
603+
2011 /
95+
2013 /
710+
2010 /
236+
2014 /
20+
2016 /
100+
Transportation Transportation E-commerce Online Travel Media Media E-Commerce Retail Finance Transportation
Jul 2017 May 2017 Aug 2017 Jul 2017 Aug 2017 Jul 2017 Nov 2017 Jun 2017 Apr 2017 Aug 2017
HQ
Founded / #
Employees
Industry
Latest
Round
Date
Recent
Investors
$3,440m
$1,750m
$1,348m
$500m
$303m
$100m $101m $161m
$50m $45m
$2,000m
$1,200m $1,100m
$500m
$223m
$100m $65m $84m $50m $45m
-
500
1,000
1,500
2,000
2,500
3,000
3,500
4,000
Grab GO-JEK Tokopedia Traveloka iflix One
Championship
aCommerce Trax Image
Recognition
Singapore Life Obike
Total Raised to-date
Total Raised in 2017
90% of total funding in 2017 went to 10 startups
Super concentrated: 90% of funding went to 4% of deals  90/4, not even 80/20

17. Companies Year Founded
Year achieving Unicorn
(or $500m+ Valuation*) Years Taken
JobStreet 1995 2014 19
iProperty 2007 2015 8
Garena 2009 2015 6
Tokopedia 2009 2014 5
Go-Jek 2010 2016 6
Lazada 2011 2014 3
Traveloka 2012 2017 5
Grab 2012 2015 3
Company X 2018/2019 2021 < 3 years
Prediction: A new Unicorn will be built in less than 3
years from launch
17
Source: Crunchbase, Press Release, Company Website.
It is becoming faster than ever to become a Unicorn – it took 4.7 years on average
for the Unicorns above to attain $1bn+ valuation
*
*
3

18. Prediction: Chinese companies remain the largest source
of tech funding
18
Source: Pitchbook, Crunchbase. Data as at 31 Dec 2017. Only deals with disclosed investors and size of more than $100m are included.
$0.5bn $0.8bn
$1.3bn
$2.3bn
$6.0bn
0
1000
2000
3000
4000
5000
6000
7000
0
2013 2014 2015 2016 2017
In 2017, we saw unprecedented participation from
Chinese companies in late-stage funding – 3 biggest
tech deals at $4.3bn in total, i.e 72% of total deal value
# of Mega Deals
4
Total SEA Private Tech Funding

19. Prediction: At least 2 more IPOs in excess of $500m
19
Source: Pitchbook, Crunchbase. Data as at 31 Dec 2017.
* Alibaba acquired 51% stake in the deal, later in Jun 2017 acquired another 32% stake at a valuation of $3.13bn
$586m
Nov 2014
AUS
MY
Acquired
$534m
Nov 2015
MY
Acquired
$1.96bn*
Apr 2016
SG
Acquired
AUS
CHN
raised $529m
in
As funding levels increased over the last few years, the size
of exits increased as well. We have seen more IPO than
M&A as huge exit option in recent years. The successful
IPOs of Sea and Razer have boosted investors’ confidence
in SEA’s future Tech IPO prospects
SG
Nov 2017
$200m
Sep 2013
SG
Acquired
JPN
5
@ $4.4bn
raised $884m
in
SG
Oct 2017
@ $4.9bn
$3.13bn*
Jun 2017
SG
Acquired
CHN
$0.5bn $0.8bn
$1.3bn
$2.3bn
$6.0bn
0
1000
2000
3000
4000
5000
6000
7000
0
2013 2014 2015 2016 2017
Total SEA Private Tech Funding

20. Prediction: Consolidation of SEA tech landscape – there
will be 2 acquisitions in excess of $500m
20
Source: Bloomberg
▪ With enormous late-stage funding, tech unicorns will use M&A
to expand product offerings. Notably, Grab and Go-Jek are
building out their mobile payments capability via M&A
▪ Increased funding and valuations lead to higher expectations
by investors for faster and bigger results, which then drive the
tech M&A market as companies cant rely on organic growth
anymore
▪ With hugely successful startups acquiring more companies, it
will help create a stronger M&A ecosystem, thereby
generating more liquidity and encouraging more investment in
the region
▪ We have seen this done by Google and Facebook in the US
and Alibaba and Tencent in China – it will happen here as well
1
2
3
4
$100m
Apr 2017
IDN
Acquired
SG
CEO
Anthony
Tan: “Deals
similar to
Kudo may
be targeted”
2016
2017
The most active
Unicorn acquirer in SEA
We have seen startup valuations increase dramatically over years. As valuation
expectations normalize moving forward, we expect to see more corporates and
unicorns using M&A to grow
6

21. Encouraged by the private sector, governments push
hard to improve the startup ecosystem
21
Policies Govt-Driven Initiatives Govt Agencies
Malaysia
✓ Tax incentive for
startups and investors
✓ Friendly immigration
policy for foreign talent
✓ Malaysia Digital Hub
✓ Digital Free Trade Zone
✓ Kuala Lumpur Internet City
✓ $250m allocated to support
the startup ecosystem
Singapore
✓ Tax incentive for
startups and investors
✓ Friendly immigration
policy for foreign talent
✓ Smart Nation
✓ Infocomm Media Masterplan
✓ Singapore Fintech Festival
Thailand
✓ Tax incentives for
investors
✓ Friendly immigration
policy for foreign talent
✓ $150m Digital Fund for the
Startup Ecosystem
✓ Digital Innovation Park
✓ Digital Govt Plan
Vietnam
✓ Tax incentives for
startups
✓ $21.5m to build Saigon Silicon
City Center
✓ Vietnam Silicon Valley
Indonesia N/A
✓ E-Commerce Roadmap
✓ 1000 Startup Digital National
Movement Program
Philippines N/A
✓ Philippine Roadmap for Digital
Startups
Tech Scene
Love Index

22. Corporates in SEA are exploring ways to interact with
startups – no one-size-fits-all solution
22
Source: Pitchbook, Crunchbase, Press Release, Company Websites.
Partnership:
Joint Venture (JV)
▪ Strategic partnerships with companies with aligned
interests
Proof of Concept (PoC)
▪ Partner with large corporates to test innovative
solutions in a protected environment
▪ Popular in the financial industry
Business Development
▪ Distribution channel partnership with startups with
huge user base
As a Paying Customer ▪ Pay startups directly for their product or services
Accelerator / In-House Lab
▪ Structured program to provide mentorship and/or
capital to participating startups
Investment:
Limited Partner (LP)
▪ Investing in VC funds to tap into the deal pipeline of
innovative companies
Corporate VC (CVC)
▪ Investing in startups directly for both financial and
strategic purposes
Acquisition:
Corporate Development
▪ Acquiring startups with high synergies to expand
product offering or reduce cost base
▪ Still yet to see a major acquisition of a consumer
tech company
acquired
/
/
For $90m in Dec 2017
/

23. Prediction: Corporates and governments in SEA will
invest at least $1bn in the startup ecosystem
23
Source: Screenshots from the Jakarta Post, The Star Online, Digital News Asia, Straits Times, Deal Street Asia.
Bigger Capital Pool  More Opportunities  More Participants -
the ecosystem has evolved beyond startup entrepreneurs and investors
7
GovernmentsCorporates

24. Prediction: At least one SEA country will accept/issue a
virtual currency as a legal tender
24
While most governments do not recognize virtual currencies as legal tenders now,
governments are becoming more open to virtual currencies’ role in society due to
massive public interest
8
Jan 2014 – Central Bank of Malaysia has no
plans to regulate bitcoin (Source)
Dec 2017 – Central Bank of Malaysia releases
draft rules for cryptocurrency exchanges (Source)
Jan 2015 – Monetary Authority of Singapore to
regulate virtual currency intermediaries for money
laundering and terrorist financing risks (Source)
Feb 2018 – Monetary Authority of Singapore
confirms it will not ban cryptocurrency (Source)
Jul 2014 – Thailand approves fully-legal Bitcoin
exchanges (Source)
Dec 2017 – Thailand Finance Ministry promotes
crypto education over its prohibition (Source)
March 2014 – Central Bank of Vietnam officially
does not support Bitcoin (Source)
Jan 2018 – Government of Vietnam is accelerating
the adoption of cryptocurrency regulation (Source)
Jan 2015 – Central Bank of Indonesia warns
against Bitcoin use (source)
Jan 2018 – Central Bank of Indonesia studies the
use of a central bank digital currency (Source)
Mar 2014 – Central Bank of the Philippines
issues warning on digital currencies (Source)
Jan 2018 – Central Bank of the Philippines grants
first cryptocurrency exchange licenses (Source)
Then Now

25. 8 Predictions for the SEA tech scene over the next 24
months
25
1. By the end of 2019, SEA will have 460m internet users and $10bn
raised in private tech funding
2. First Decacorn ($10bn+ valuation) will emerge from SEA
3. A new Unicorn will be built in less than 3 years from launch
4. Chinese companies remain the largest source of tech funding
5. At least 2 more IPOs in excess of $500m
6. Consolidation of the SEA tech landscape – there will be 2
acquisitions in excess of $500m
7. Corporates and governments in SEA will invest at least $1bn in the
startup ecosystem
8. At least one SEA country will accept/issue a virtual currency as a
legal tender
1
2
3
4
5
6
7
8

26. Catcha Group overview

27. Catcha Group overview
27
If you have any questions on the report, please reach out via enquiries@catchagroup.com. Opinions expressed are solely perspective of Catcha Group. Neither Catcha Group or any of its respective
affiliates or employees makes any representation or warranty, express or implied, as to the accuracy or completeness of the information contained in this document. All figures as in USD.
Video on Demand service for emerging markets,
currently present in 24 countries with 5m+
monthly users, raised $303m in funding since
inception in 2015
SEA’s No. 1 network of online automotive
portals with 7 brands across Malaysia, Thailand
and Indonesia
Our portfolio of companies – past and present
Leading operator of online classifieds businesses in
emerging markets. Its 17 portfolio companies are
present in 19 markets
SEA’s leading digital media group. Acquired by
Media Prima for $24m in May 2017
Malaysia’s largest coworking space with over
100,000 sqft in total to date
Operator of Asia’s no. 1 network of property
websites. Acquired by Rupert Murdoch’s REA
Group for $534m in Nov 2015
SEA’s leading internet and digital conference,
held across 5 cities with 1000+ attendees
Purpose-built digital hub for the SEA regional
tech ecosystem
18+
Years of enabling disruptive businesses
60+
Investments globally held directly or
indirectly
30+
Countries which our portfolio companies
are present in
5
IPOs in the last 10 years
(4 on ASX, 1 on Bursa Malaysia)
$550m+
Combined value of 2 strategic exits over
the last 3 years
$2bn+
Value creation since inception across
portfolio
3,000+
Employees globally across portfolio of
companies
10x
Average return on investment across
major portfolio assets
#1
Market leadership across multiple
categories