Gong: Asian SME merchants are "spoon-fed" by government grants
Anna (Anna Gong) · Perx Hits $27m Valuation · Nov 30, 2020 · at 8:46
Anna Gong explains why Perx pivoted away from an SME merchant loyalty model across Southeast Asia.
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“In Asia, the merchants are so low tech that it, the maintenance was not scalable either. They're spoon fed. You know, the governments would give them, you know, so much grant money to sustain their business, and they're so entitled to, ah, the government money.”
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