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A Singaporean venture capitalist on what makes Singapore and Southeast Asia the future of ‘big impact’ in e-commerce, media, and technology

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GGV Capital Managing Partner Jenny Lee speaks onstage during TechCrunch Disrupt SF 2017. 

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GGV Capital Managing Partner Jenny Lee speaks onstage during TechCrunch Disrupt SF 2017.
  • Global venture capital firm GGV Capital has offices in China, Singapore, and Silicon Valley has seen its 200-plus portfolio companies through the fallout of the pandemic.

  • Jenny Lee, a Singaporean managing partner at the firm, says short-term impact for startups is unavoidable but long-term outlook can be positive.

  • The Southeast Asian bloc of countries, of which Singapore is currently seen as the leader in investment activity, will see accelerations in 5G, communication technology and fintech, while online education and health could experience a boost.

  • Visit Business Insider’s homepage for more stories.

To Jenny Lee, a managing partner at private equity firm GGV Capital (GGV), there’s no ‘post-COVID-19’; only a new normal to reckon with. 


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  • September 2, 2020

British music brand launches in Asia

Iconic UK music brand NME has launched in Asia, even as the entertainment industry is hit by the coronavirus.

NME says its new Singapore-based website will deliver a fresh approach to the South East Asian music scene.

The company says it will initially focus on Singapore, Malaysia and the Philippines and has plans to rapidly expand in the region.

The announcement comes at a time when many other media companies are making major cutbacks due to the pandemic.

“South East Asia has a proud musical heritage. Whether it’s trending pop styles, traditional music or a marriage of the two, artists in the region have pricked the ears of audiences worldwide – and we’re thrilled to be able to tell their stories,” Iliyas Ong, editorial lead of NME Asia said.

The company said its core editorial team in Singapore will manage a network of journalists across the region.

Wednesday’s announcement comes

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  • August 19, 2020

Ami to Open Two More Stores in Asia

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PARIS — Building on momentum set in motion before the coronavirus lockdowns hit, French fashion label Ami has plans to open two stores in Asia and is keeping an eye out for potential expansion in the U.S. 

“We don’t want to depend on only one market,” chief executive officer Nicolas Santi-Weil told WWD in an interview.

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“There is a very, very strong appetite for the brand in South Korea and in China,” he explained, noting that the label’s recent Asian tour had helped fuel business in the region to offset disruption from COVID-19 lockdowns.

The brand wound up a blockbuster ninth-anniversary year last season (the lucky number of designer Alexandre Mattiussi) with stops in China, South Korea and Japan, holding a Paris street-themed fashion show in Shanghai, opening pop-up stores in Seoul and holding an event in Tokyo. 

“It paid

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