A delivery driver collecting takeaway orders from a cloud kitchen for Thai restaurants in Bangkok. E-commerce, travel, media, transport and food are driving South-East Asia’s digital growth, with online spending rising 49% in 2021 to US$174bil (RM722.18bil), according to a report. — AFP
South-East Asia’s booming Internet economy is set to double to US$363bil (RM1.5 trillion) by 2025, eclipsing the previous forecast of US$300bil (RM1.24 trillion), research from Google, Temasek Holdings Pte and Bain & Co shows.
E-commerce, travel, media, transport and food are driving the region’s digital growth, with online spending rising 49% in 2021 to US$174bil (RM722.18bil), the companies said in their latest annual report. The region added 60 million new Internet users since the start of the pandemic, led by Thailand and the Philippines.
Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.
