SINGAPORE: South-East Asia's Internet economy is expected to exceed US$240bil (RM1tril) by 2025, a joint study by Google and Temasek Holdings showed, a fifth more than previously estimated, as more consumers use their smartphones to go online.
The study, first published in 2016, encompasses ride-hailing, e-commerce, online travel and online media. The latest report released on Nov 19 adds new sectors such as online food delivery, as well as subscription music and video on demand.
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