What's Fueling Internet Growth In Southeast Asia?

The Internet economy is growing faster than ever thanks to smartphone usage and falling mobile data prices. Taking the cue from this, from food to e-commerce, many companies are establishing their business online to expand their reach.  The fast digital adoption clearly means a big thing for countries looking for economic growth and development.

According to a joint study released by Google and Temasek Holdings, predicts Southeast Asia's digital economy to exceed $240 billion by 2025, $40 billion higher than previously estimated. The study first published in 2016, estimates that the Southeast Asian Internet economy has reached $72 billion in gross merchandise value (GMV) in 2018 across Online Travel, e-Commerce, Online Media, and Ride Hailing...

https://www.entrepreneur.com/article/323521

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by Idham Azhari