Southeast Asia internet economy to surge to $363 billion by 2025


Source: freevoicegazette.com freevoicegazette.com

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Southeast Asia internet economy to surge to $363 billion by 2025 SOUTHEAST ASIA’s booming internet economy is set to double to $363 billion by 2025, eclipsing the previous forecast of $300 billion, research from Google, Temasek Holdings Pte and Bain & Co. shows. E-commerce, travel, media, transport and food are driving the region’s digital growth, with online spending rising 49% in 2021 to $174 billion, the companies said in their latest annual report. The region added 60 million new internet users since the start of the pandemic, led by Thailand and the Philippines. Southeast Asia, home to Alibaba Group Holding...