Southeast Asia’s internet is expected to grow to US$100 billion

Southeast Asia’s Internet economy, across its six largest markets (Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam), is expected to exceed US$100 billion in 2019. According to the e-Conomy SEA 2019 report by Singapore’s state investor Temasek Holdings, global business consultants Bain & Company, and Google; as millions of people embrace online shopping and ride-share food delivery, the region’s Internet economy is forecasted to grow to US$300 billion by 2025.

The report analyses five Internet economy sectors; online travel, online media, ride hailing, e-commerce, digital financial services in the context of current ecosystem and fundraising challenges and opportunities.