Tuesday 4 July 2023

GLOBE GROUP ATTRACTS GLOBAL INVESTORS INTEREST VIA CUTTING-EDGE DIGITAL SOLUTIONS AT SINGAPORE FORUM



KUALA LUMPUR, July 4 (Bernama) -- The Globe Group captured global investors' interest by unveiling its groundbreaking digital solutions now reshaping the country’s digital economy at the Caixin Global Asia New Vision Forum (ANVF) held in Singapore, recently.

Represented by its President and Chief Executive Officer, Ernest Cu, the company distinguished itself as the only Philippine telecom representative at the ANVF 2023.

The first international business leadership conference spotlighting Asia in the post-Covid landscape, with a focus on global, green, tech and home visions, the event has gathered over 300 business and thought leaders, policymakers and industry practitioners.

According to Globe Group in a statement, during the panel discussion on Investing in Asia Pacific, Cu highlighted the nation’s consumer-driven economy, young population, and how the company’s transition into a digital platform is helping drive national development.

Showcasing an array of portfolio companies, the Globe Group, the Philippines’ leading digital solutions platform, presented compelling evidence of the robustness of its transformative digital services which lower long-established entry barriers, especially in finance, healthcare and education.

Its fintech platform GCash is the #1 Finance SuperApp with a highly engaged user base that surpasses competition in terms of daily and monthly active users, and one of the very few profitable fintechs in the world that now serves as an indispensable companion for Filipinos in their day-to-day needs.

Meanwhile, Globe’s growing telehealth platform, KonsultaMD has been providing much-needed quality medical care across a suite of services including the recently launched SuperApp featuring doctor consultations, 24/7 online pharmacy with same-day delivery, and at-home lab testing, among others.

Cu addressed the importance of local knowledge and partnerships when investing in ASEAN countries. He reiterated how the company, part of the Ayala conglomerate, has utilised its extensive understanding of the Philippines to provide unique and large-scale solutions.

Looking into the future, Cu highlighted the Globe Group's strategy to be the hub of technology startups through its venture builder, 917Ventures, and venture capital arm, Kickstart Ventures which currently has 61 investments in eight countries out of three funds.

Given the country's large population, supportive government policies and low entry barriers, investors have an exciting market to explore with the Globe Group as a guide.

-- BERNAMA

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