Thailand’s technology news snapshot for June of 2023 touched briefly on items including: Deloitte‘s look at the nation’s startup and VC spaces; a Thailand-based social network firm’s million-dollar funding round; cross-border payments developments; and a couple more.
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World Economic Forum Global Cybersecurity Outlook 2023
“WeGoWhere, established in 2020 by Ty Lertwichaiworawit and Mint Leung, seeks to revolutionize how people socialize, facilitating in-person connections over passive online interactions. This Thailand-based platform has quickly amassed a vibrant community of over 300,000 users.”
“Unlike traditional social media platforms like Facebook or Instagram, WeGoWhere said it encourages users to share their upcoming plans, allowing friends to join in. The platform streamlines the entire process of planning and organizing meetups, making it easy for friends to connect in real life.”
“Thai startup ecosystem is currently ranked #53 globally and #11 in Asia Pacific. This report outlines a number of challenges Thailand must overcome to improve its rankings—including limited risk capital available, particularly in the seed stage; lack of impactful government programs to drive innovation; and few unicorn success stories to attract top talent into the field.”
“These chicken and egg conundrums often present a negative feedback loop for stakeholders.”
“Tourists from China, Hong Kong, South Korea, and Malaysia, who are accustomed to using mobile wallets as their preferred payment method, can now enjoy a seamless and hassle-free shopping experience. This not only strengthens customer satisfaction but also contributes to building long-term customer loyalty.”
CSIS: Mapping semiconductor supply chains – Indo-Pacific’s importance
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