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Regulatory issues a key hurdle for Singapore firms eyeing international expansion, finds survey

Michelle Zhu
Michelle Zhu1/15/2019 11:51 AM GMT+08  • 2 min read
Regulatory issues a key hurdle for Singapore firms eyeing international expansion, finds survey
SINGAPORE (Jan 15): Despite being “global natives” – companies which expand into international markets rapidly, often within the first year of their existence – Singapore’s online businesses appear the most pessimistic about their prospects over
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SINGAPORE (Jan 15): Despite being “global natives” – companies which expand into international markets rapidly, often within the first year of their existence – Singapore’s online businesses appear the most pessimistic about their prospects overseas.

This is according to new research conducted by tech and e-payments solutions firm Stripe, which partnered VIGA research to survey over 9,000 founders and executives of online businesses across 15 international markets and more than 10 industries.

Based on the report’s findings, nearly three quarters (74%) of “global natives” in Singapore plan to further expand their international presence in the coming years, with 46% saying they plan to do so dramatically.

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