South-East Asia Internet economy to surge to US$363bil by 2025


SINGAPORE: South-East Asia’s booming Internet economy is set to double to US$363bil (RM1.507 trillion) by 2025, eclipsing the previous forecast of US$300bil (RM1.246 trillion), 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, the companies said in their latest annual report.

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