Former Indonesian president says the next unicorn may emerge from Southeast Asia

Mary Alavanza
Mon, 24 Nov 2025 10:35:35 +0000
Asia, Business, Southeast Asia start-ups, start-ups, unicorns

Former Indonesian president Joko Widodo said Southeast Asia could produce the world’s next unicorn, a privately held start-up valued at over US$1 billion (S$1.3 billion), amid the region’s rapid digitalisation and the wave of young people launching start-ups. Speaking at the Bloomberg New Economy Forum on Friday (Nov 21), he noted that the next billion-dollar …