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Malaysia Silicon Valley Of South East Asia

11-4-2014 10:57 PM| Diterbitkan: admin9| Dilihat: 3027| Komen: 0

In 2012, Startup Genome ranked Singapore 17th on World startup ecosystem. Malaysia, was not on the list by Silicon Valley Startup.

Beginning of the week. CEO of Catcha Media, Patrick Grove  , when interview by The Edge Weekly, claim that while Singapore aggressive to become Silicon valley of South East Asia,  he claim Singapore do not have "Internet company" that have over $1billion market capitalization. But Malaysia have 3............ Jobstreet.com, iProperty.com and Myeg.com.

He further claim that we only have 8 internet public listed company in South East Asia, of which 6 are base in Malaysia.

Actually, iproperty.com, a company part own by Patrick's Catcha Media, are listed on Australia Stock Exchange despite their main operation and customer are in Malaysia. However, he only claim "internet company". In fact, if  technology/software company included, not just internet company,.Malaysia have more than 6 technology/software compaies listed in London's AIM, Singapore, Taiwan and New Zealand. Of which Singapore listed's Silverlake Axis have market capitalization of more than 1billion and it is in USD.

Connecting the East and West

Malaysia, with it multilingual talent, make it like Belgium of Asia ( Singapore claim they are Switzerland of Asia).

China's Huawei have set up base in Malaysia's PETRONAS Twin Tower KLCC, which, Microsoft's Malaysia HQ is base in same building.

China's Tencent also set up a base in Malaysia to market it Wechat apps.

Partrick's Catcha's Media operate a Malaysia's MSN page. Catcha media also partner of China's Alibaba in South East Asia. It is not sure, Alibaba's Taobao South East Asia operate by Catcha, However, Catcha claim it has been offer a pre-IPO share by Alibaba recently.

Of the top 3 China's internet giant, only Baidu seem do not have present in Malaysia, Baidu oversea venture focus on Japan. In fact, Malaysia can be a base for Baidu to venture into huge Indonesia market.

One difficulties is China still close it door. Malaysia still have difficulties to order from Taobao.com and setup account with Alipay until recently.

A social web co-founded by Malaysian base in Canada, Plurk.com ,which very popular in Taiwan  has been restricted by China like Facebook as China have it own renren.com.

Malaysia have to make China to open it market to company base in Malaysia if it want to become a connecting hub between east and west.

http://aseantradinglink.blogspot ... -of-south-east.html


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