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Huawei, one of the largest technology companies from China, will commit to invest $100 million over the next 3 years in Southeast Asia.
The tech giant aims to nurture at least 1,000 startups and 100 scale-ups over the coming years via its Spark initiative, with plans to add four more startup hubs across the region.
"Startups and small and midsize businesses (SMBs)...are the innovators, disruptors, and pioneers of our times. These companies account for two-thirds of jobs worldwide, create two-thirds of new jobs, and generate almost 50% of global GDP", " mentioned Catherine Chen, Huawei's senior vice president and board member.
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