5. You need to be in the
Valley to build a big
consumer company
#1
6. China has already created a company of scale
(Sorry America…)
• Alibaba’s sales for 2014 are forecasted at $420BN, 2.5x over 2012.
• Amazon reported sales of $74.4BN for fiscal 2013 and EBay… fiscal 2013 of $16 Billion,
less than one-tenth Alibaba’s 2012 sales
8. • 1m active customers
• 79m monthly visits
• Millions of Euro per month in
revenue
!
• 1.6m customers served
• 27m monthly visits
• Millions of Euro per month in
revenue
Rocket are building companies of scale across
SEA, achieving a lot in just 2 years
Source: http://www.kinnevik.se/en/Investor/Kinnevik-Rocket-capital-markeys-day-2014/
9. APAC is set dominate ecommerce, 41% larger than
America in 2016
2.2%!
Asia-Pacific! North America! Western Europe!
Eastern Europe! Latin America! Middle East & Africa!
2.1%!
27.9%! 35.9%! 28%! 3.6%!
3.1%!
1.6%!
2011!
30.5%! 33.5%! 26.9%! 3.8%!
3.4%!
1.9%!
2012!
33.4%! 31.5%! 25.7%! 3.9%!
3.5%!2013!
36.2%! 29.7%! 24.3%! 3.9%!
3.6%!2014!
2015!
2016!
2.3%!
38.2%! 28.8%! 23.4%! 3.8%!
3.6%!
2.3%!
39.7%! 28.2%! 22.6%!3.7%!
3.5%!
Source: eMarketer, 2013
B2C Ecommerce Sales Share Worldwide, by Region, 2011-2016 - % of total
• 2013: Sales is expected to grow 18.3% to
$1.298 trillion with Asia-Pacific surpassing
North America to become the world's #1
market for B2C ecommerce sales.
• Despite strong growth, North America’s
share of global sales will drop from 33.5% in
2012 to 31.5% in 2013 as Asia-Pacific surges
ahead.
• Asia-Pacific in 2013 will see sales increase by
more than 30% to over $433 billion — or
more than one-third of all global B2C
ecommerce sales.
• Three Asia-Pacific markets — China, India
and Indonesia — will see faster B2C
ecommerce sales growth than all other
markets worldwide in 2013.
17. How does Asia stack up globally?
Source: US census bureau, InternetWorldStats, CNNIC, Tencent, Facebook, Vkontakte, ITU, CIA
18. APAC has almost half of global users,
simply put
Source: US census bureau, InternetWorldStats, CNNIC, Tencent, Facebook, Vkontakte, GSMA
Intelligence
19. Internet traffic will be double the US in 2015
2012 2013 2014 2015 2016 2017
CAGR
’12-17
By Geography (PB per Month)
Asia Pacific 310 614 1,168 2,053 3,377 5,257 76%
North America 222 380 632 993 1,466 2,087 56%
Western Europe 181 276 426 655 976 1,384 50%
Middle East and Africa 50 96 182 333 559 861 77%
CEE 66 116 211 365 577 845 66%
Latin America 55 97 179 304 481 723 67%
Total (PB per Month)
Mobile data and internet 884 1,579 2,798 4,703 7,436 11,157 65%
Source: CISCO VNI, 2013
20. Social media penetration in APAC is the global
average
Source: US Census Bureau, CNNIC, Tencent, Facebook
23. CAGR of tech patents in SEA is 7x USA
Growth of tech patents in SEA VS USA
-45%
0%
45%
90%
135%
180%
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
SEA USA
Source: Patents by technology, OECD. SEA consists of ID, MY, PH, SG and TH
CAGR
SEA
14%
USA
2%
24. Asia’s share of global tech patents is
converging
% of global tech patents in Asia VS USA
0%
10%
20%
30%
40%
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
Asia USA
Source: Patents by technology, OECD. Asia consists of ID, MY, PH, SG, TH, CN, HK, IN, AU & NZ
34. Twice as many Philippinos than Israeli’s recon they
have the skills to startup!
Source: Global Entrepreneurship Research Association, Jungle analysis through Google Explorer
Perceived Capabilities!
Percentage of 18-64 population who believe to have the required skills and knowledge to start a business
35. Indonesian’s are twice more likely to be founders than in
America
Source: Global Entrepreneurship Research Association, Jungle analysis through Google Explorer
Total early-stage Entrepreneurial Activity (TEA)!
Percentage of 18-64 population who are either a nascent entrepreneur or owner-manager of a new business
36. They aren’t as afraid of failing as you think
Source: Global Entrepreneurship Research Association, Jungle analysis through Google Explorer
Fear of Failure Rate!
Percentage of 18-64 population with positive perceived opportunities who indicate that fear of failure would
prevent them from setting up a business
39. AND… Asian founders in America raise more money
Founding team racial composition vs. median funding
received ($m)
$0.00
$1.00
$2.00
$3.00
$4.00
All Asian Pacific All white Mixed All Black
$1.3
$2.2$2.3
$4.0
Source: CBInsights, 2010. National seed and Series-A - Jan to June 2010
40. They see good opportunities locally (As much as
the US
Source: Global Entrepreneurship Research Association, Jungle analysis through Google Explorer
Perceived Opportunities!
Percentage of 18-64 who see good opportunities to start a firm in the area where they live
41. More of their friends have set up companies
Source: Global Entrepreneurship Research Association, Jungle analysis through Google Explorer
Know Startup Entrepreneur Rate!
Percentage of 18-64 population who personally know someone who started a business in the past two
years
42. More media attention than developed markets
Source: Global Entrepreneurship Research Association, Jungle analysis through Google Explorer
Media Attention for Entrepreneurship!
Percentage of 18-64 population who agree with the statement that in their country, you will often see stories in
the public media about successful new businesses
43. Far more intend starting up in next 3 years than in US
and UK
Source: Global Entrepreneurship Research Association, Jungle analysis through Google Explorer
Entrepreneurial Intention!
Percentage of 18-64 population (individuals involved in any stage of entrepreneurial activity excluded) who
intend to start a business within three years