South-East Asia’s Internet economy to hit US$300bil by 2025

To hit that target, the online industry is expected to grow by 200% over the next five years from an estimated US$100bil this year, according to the report by Google, Singapore state investor Temasek Holdings and global business consultants Bain & Company.

SINGAPORE: South-East Asia’s Internet economy is forecast to reach US$300bil by 2025 as millions of people in the region take up online shopping and embrace ride-share food delivery, an industry report said.

To hit that target, the online industry is expected to grow by 200% over the next five years from an estimated US$100bil this year, according to the report by Google, Singapore state investor Temasek Holdings and global business consultants Bain & Company.