SE Asia’s internet economy on track to exceed $240b by 2025: Google-Temasek report

SE Asia’s internet economy on track to exceed $240b by 2025: Google-Temasek report

Growing at 37 per cent from a year earlier, the region’s Internet economy has accelerated beyond the 32 per cent compounded annual growth rate (CAGR) between 2015 and 2018. Photo by Matt Wildbore

Buoyed by a massive internet user base and increasing adoption, the Southeast Asian internet economy is projected to exceed $240 billion in gross merchandise value (GMV) by 2025, nearly $40 billion higher than previous estimates, according to the latest report jointly launched by Google and Singapore’s state investment firm Temasek.

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