Retail tech: Gulf wealth funds step up investments in Southeast Asia

An article by Sophie Baqué

Publication

7 December 2023 à 11h32

Updated on 8 December 2023 à 18h09

Reading time

2 minutes

Publication: 7 December 2023 à 11h32, Updated on 8 December 2023 à 18h09

Reading time: 2 minutes

As venture capital financing plummets worldwide, sovereign funds such as Qatar Investment Authority have been making South Asian start-ups a new target.

An article by Sophie Baqué

Publication

7 December 2023 à 11h32

Updated on 8 December 2023 à 18h09

Reading time

2 minutes

Publication: 7 December 2023 à 11h32, Updated on 8 December 2023 à 18h09

Reading time: 2 minutes

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On 8th November 2023, during the Caixin Summit in Beijing, Abdulla Al-Kuwari, a senior official of Qatar Investment Authority (US$475 billion in assets under management), said that the Qatari sovereign wealth fund was examining investment opportunities in China in the retail, healthcare, tech and logistics sectors. Based in Doha and an office in Singapore since 2021, QIA is a shareholder in British department stores’ Harrods, among others. In January 2022, the fund invested in Carsome, an...

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