To hit that target, the online industry is expected to grow by 200% over the next five years from an estimated US$100bil this year, according to the report by Google, Singapore state investor Temasek Holdings and global business consultants Bain & Company.
SINGAPORE: South-East Asia’s Internet economy is forecast to reach US$300bil by 2025 as millions of people in the region take up online shopping and embrace ride-share food delivery, an industry report said.
To hit that target, the online industry is expected to grow by 200% over the next five years from an estimated US$100bil this year, according to the report by Google, Singapore state investor Temasek Holdings and global business consultants Bain & Company.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
