With the rise of AI, Asian tech founders are now thinking about global markets even when they’re still conceptualizing their business. Singapore-based AI firms now enter an average of seven new markets just one year after inception, according to a Stripe survey.
“We’re seeing a significant shift in how Asia-based firms are looking at cross-border business,” Sarita Singh, Stripe’s regional head and MD of Southeast Asia, Greater China and South Korea, tells Fortune. “There’s been a big push to find customers and grow outside of the home country.”