NEWSLETTER
Tuesday, June 17, 2025
The Novum Times
No Result
View All Result
  • Home
  • World
    • USA
    • United Kingdom
    • India
    • China
    • Europe
    • Africa
    • Middle East
    • Asia Pacific
    • Canada
    • Australia
  • Politics
  • Business
  • Health
  • Economy
  • Sports
  • Entertainment
  • Technology
  • Cryptocurrency
  • Gossips
  • Travel
  • Lifestyle
  • Home
  • World
    • USA
    • United Kingdom
    • India
    • China
    • Europe
    • Africa
    • Middle East
    • Asia Pacific
    • Canada
    • Australia
  • Politics
  • Business
  • Health
  • Economy
  • Sports
  • Entertainment
  • Technology
  • Cryptocurrency
  • Gossips
  • Travel
  • Lifestyle
No Result
View All Result
The Novum Times
No Result
View All Result

To capture value creation, tech companies must understand internet user on a global level: Report

by The Novum Times
6 October 2023
in Asia Pacific
Reading Time: 2 mins read
A A
Home News Asia Pacific
Share on FacebookShare on TwitterShare on Whatsapp



The number of existing internet users, which is projected to reach five billion by the end of 2023 and grow to eight billion by 2040, is expected to drive global tech stack expansion, according to a new report by 500 Global.

But in order to capture value creation, tech companies need to be able to understand internet users on a global level. The report detailed that as startup activities are becoming more globalised, with more than 100 countries having active startup ecosystems, so are unicorn activities, with more than 50 countries minting at least one unicorn.

Global revenues are an increasingly important lever for tech, the report stressed.

Called the Rise Report, in this report, 500 Global analysed third-party datasets to examine the potential venture funding gaps between emerging economies (“Rise Economies”) and the relatively mature startup ecosystems. It also seeks to understand “patterns of innovation and potential opportunity in the tech landscape.”

“Our overarching thesis is that by identifying what we believe is the relative delta between where an underpenetrated venture ecosystem is versus their potential, we may find alpha on a global scale,” said Courtney Powell, COO and Managing Partner at 500 Global in a press statement.

Also Read: 

“When we’re able to quantify the potential gaps in a venture ecosystem, we believe we are better equipped to collaborate with all stakeholders to accelerate global venture ecosystems and enable startups to drive economic growth in their economies and financial returns to our investors.”

Beyond US and China

In the report, 500 Global also stated that while many believe that the next decade will be defined by the US and China, it also believes in the role played by Rise 30—the 30 largest, fast-growing economies outside of the US and China that are expected to surpass the two countries by GDP.

India tops this list, while Indonesia is the only Southeast Asian country that made it to the top 10 list. Thailand, Vietnam, Singapore, and Malaysia were also in the top 20 list.

In the matter of the venture funding gap, in 2022, Singapore and Israel were the only two Rise Economies with Venture Penetration higher than that of the US.

Several key points that the report noted about the Rise 30 countries: They are growing faster, with younger population that are more social media savvy—and based in rural areas.

—

Image Credit: RunwayML

The post To capture value creation, tech companies must understand internet user on a global level: Report appeared first on e27.



Source link

Tags: capturecompaniesCreationglobalinternetlevelReportTechUnderstandUser

Related Posts

Man arrested in Nebraska in alleged assault of former US senator Martha McSally

Man arrested in Nebraska in alleged assault of former US senator Martha McSally

by The Novum Times
10 November 2023
0

COUNCIL BLUFFS: A man was arrested early Friday in the alleged assault of former US senator Martha McSally, who says...

Eastern Pacific Shipping lines up more orders for ammonia-powered newcastlemaxes

Eastern Pacific Shipping lines up more orders for ammonia-powered newcastlemaxes

by The Novum Times
10 November 2023
0

EPS Singapore’s Eastern Pacific Shipping (EPS) has signed up for more ammonia dual-fuel newcastlemax newbuilds in China.  The Idan Ofer-controlled...

Women to Watch 2023: Jessica Wu, Mindshare | Analysis

Women to Watch 2023: Jessica Wu, Mindshare | Analysis

by The Novum Times
10 November 2023
0

Jessica Wu Chief operating officerMindshareChina From joining Mindshare China in Shanghai in 2006 as a client leader to now, as...

EU probes TikTok, YouTube over child protection, and Alibaba’s AliExpress over consumer protection

EU probes TikTok, YouTube over child protection, and Alibaba’s AliExpress over consumer protection

by The Novum Times
10 November 2023
0

The EU announced investigations on Thursday into YouTube and TikTok to find out what action the US and Chinese-owned platforms...

MDEC CEO: Under Malaysia Digital, digital businesses will have more flexibility in fiscal, non-fiscal incentives

MDEC CEO: Under Malaysia Digital, digital businesses will have more flexibility in fiscal, non-fiscal incentives

by The Novum Times
9 November 2023
0

MDEC CEO Mahadhir Aziz In an email interview with e27, Mahadhir Aziz, CEO of Malaysia Digital Economy Corporation (MDEC), acknowledges...

Next Post
The Funniest Tweets From Parents This Week (Sept. 30-Oct. 6)

The Funniest Tweets From Parents This Week (Sept. 30-Oct. 6)

Dare to Dream: A Film Unveiling the Genesis of Bitcoin Beach

Dare to Dream: A Film Unveiling the Genesis of Bitcoin Beach

CATEGORIES

  • Africa
  • Asia Pacific
  • Australia
  • Business
  • Canada
  • China
  • Cryptocurrency
  • Economy
  • Entertainment
  • Europe
  • Gossips
  • Health
  • India
  • Lifestyle
  • Mental Health
  • Middle East
  • News
  • Opinions
  • Politics
  • Sports
  • Technology
  • Travel
  • United Kingdom
  • USA

CATEGORIES

  • Africa
  • Asia Pacific
  • Australia
  • Business
  • Canada
  • China
  • Cryptocurrency
  • Economy
  • Entertainment
  • Europe
  • Gossips
  • Health
  • India
  • Lifestyle
  • Mental Health
  • Middle East
  • News
  • Opinions
  • Politics
  • Sports
  • Technology
  • Travel
  • United Kingdom
  • USA

Browse by Tag

Biden Bitcoin Business Canada case Channel China court Cup day dead deal Death Diplomat free global Health Home India Jammu Kashmir killed latest Life Live man National News NPR people Police POLITICO Russia South Time Times Top Tourism Trump U.S UAE Ukraine war world Years
  • About Us
  • Advertise With Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact Us

Copyright © 2023 Novum Times.
Novum Times is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
    • USA
    • United Kingdom
    • India
    • China
    • Europe
    • Africa
    • Middle East
    • Asia Pacific
    • Canada
    • Australia
  • Politics
  • Business
  • Health
  • Economy
  • Sports
  • Entertainment
  • Technology
  • Cryptocurrency
  • Gossips
  • Travel
  • Lifestyle

Copyright © 2023 Novum Times.
Novum Times is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In