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Hello there ,

The world works in funny ways. It’s hard enough to predict the outcome of an action, let alone its unintended consequences. Knock-on effects only really show up with time. Today, we bring into focus some of the unforeseen ramifications of China’s crackdown on its biggest tech companies - which has lasted for over a year now.

The ‌campaign first grabbed global headlines when it brought Ant Group’s hotly anticipated IPO to a dramatic end in November 2020. The regulatory clampdown has only gathered steam since then as Beijing has stepped up scrutiny over everything from antitrust concerns to data security and wealth distribution.

While the crackdown has forever shifted the landscape of corporate China, it has also given birth to some rather unusual trends. For instance, affected tech companies have wandered into areas like agriculture, with ecommerce giants JD.com and Alibaba, and video game group NetEase dipping their toes into pig-farming.

However, intensifying regulatory headwinds in China have meant that Alibaba and Tencent have accelerated their investments in key Southeast Asian markets. In today’s premium story pick, we dissect and detail the investments China’s two biggest tech giants made in Southeast Asia last year.

Also, if you’re an entrepreneur looking for funding, fill out this form to get your company featured on our list of fundraising startups.

THE BIG STORY

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TRENDING NEWS

EVENTS HAPPENING

• Fast Forward with HPE! on January 27th
  A multistage B2B startup competition specially crafted to help scale and grow early-stage technology startups across the APAC region. Catch the top 10 startups now as they pitch to a panel of esteemed judges and find out which team made it to the finals!
• *Event* [Workshop] What NFTs mean to startups in Southeast Asia on February 10th
  Curious about NFTs and want to expand your insights about this phenomenon? On February 10, catch our workshop with David Shin, head of global adoption at the Klaytn Foundation, to learn more about the digital asset!
  Get a single ticket to attend this workshop or subscribe to Tech in Asia Core at just US$0.55/day for unlimited access to all our workshops, signature conferences, and premium content.
• AWS SaaS Forum on February 17th
  Join the AWS SaaS Forum on February 17 to uncover opportunities and insights on SaaS trends, outlook for 2022 and how to build your business playbook. Attendance is complimentary.

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