Sizing up SEA’s listed tech majors

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On Sunday, the football world witnessed a freak result. On its home turf, Liverpool thumped Manchester United 7-0 to reignite its ailing season and inflict the heaviest defeat in 92 years on its archrival.

The comedic element is that before the game, many expected the Red Devils to come away from Anfield with a favorable result, given they are the most in-form team in England this year.

Here’s the thing though: Assumptions go out the window when matters are laid bare. More pertinently, unexpected outcomes aren’t unusual.

Similarly, Tech in Asia’s visual analysis of Southeast Asia’s notable public tech firms – Grab, GoTo Group, Sea Group, Bukalapak, PropertyGuru, and TDCX – reveals some unforeseen and puzzling truths.

For instance, the chart-based premium story shows that Sea Group’s Q3 revenue is over four times the combined revenue of Grab and GoTo in the same period. However, the Shopee parent firm is valued at a significantly lower price-to-sales ratio than the ride-hailing giants.

Read on to discover more unique and interesting insights among the region’s leading lights!

Today we look at:

• SEA’s listed tech majors in 9 charts
• The narrowing losses at Bilibili, a Chinese video-sharing website
• Other newsy highlights such as the largest telco merger in Southeast Asia.

Premium summary

Southeast Asia’s standard bearers

Image credit: Timmy Loen

There was no sense of randomness when it came to narrowing down on Southeast Asia’s publicly listed businesses to feature on the premium story. The idea is to highlight the region’s standard bearers for entrepreneurs.

Similar to Alibaba and Tencent in China, the organizations we opted to showcase are those that are likely to immediately spring to mind when folks think of Southeast Asian tech companies.

No one hit pause

Quick bytes