Southeast Asia’s Internet economy hits $100 billion in 2019. Powered by these fundamental changes in consumer behavior, the Internet economy continues to grow at an unprecedented pace. It has soared to $100 billion for the first time in 2019, more than tripling in size over the last four years. e-Commerce and Ride Hailing continue to beat the most optimistic of predictions. Online Media and Online Travel keep growing at a steady rate, with ample room to expand further.
A report released by google, temasek and Bain&Company shows that the Southeast Asia’s Internet economy is expected to grow to $300 billion by 2025.
To view the full report:
South Africa Today