SE Asia Tech M&A Review 2024


Southeast Asia witnessed a notable decline in tech companies’ mergers and acquisitions (M&As) in 2023 as businesses were forced to put their expansion plans on the back burner amid tight global liquidity conditions. While M&A transactions halved in Indonesia last year, Singapore, which is historically the region’s leader in tech M&A activity, experienced a 33% contraction.

This report delves into M&A activity across various sectors and SE Asian markets. Read more for insights into:

  • The volume of tech M&A deals in Southeast Asia since 2019
  • Tech M&As broken down by country in the last five years
  • Top tech M&A deals in SE Asia in the last five years
  • Outlook for 2024
  • Interviews with experts



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