IFLR Asia M&A Forum day two: key takeaways

Author: IFLR Correspondent | Published: 2 Mar 2017

Reporting by Brian Yap and Jessica Shum

The impact of tech M&A in the region

Acquirers’ expectations are changing with them now expecting to generate more data within their platform and user base;This is happening for two different reasons: one is the changing Chinese laws around cybersecurity and data security, and because in outbound transactions they will be subject to a different set of rules regarding what data being generated by the platform being acquired;China doesn’t have one single piece of legislation regarding data protection, but this year the cybersecurity law will come in and be a game-changer in the area of data privacy;Major issues for foreign companies will be that they will be obliged to keep the data collected in China in China, making cross-border transactions very difficult;Communication is key and must be done in a way that’s sensitive to Asian culture. Asia is made up of...