SE Asia's internet economy set to cross $200b by 2025, to hit $50b this year

Photographer: Nicky Loh/Bloomberg

Southeast Asia’s internet economy is poised to cross $200 billion by 2025, as it readies to hit $50 billion by the end of 2017, according to a new report by Google and Singapore’s Temasek.

According to the report, internet economy in the region, which spans ride-hailing apps to online travel, is growing at a compound annual growth rate (CAGR) of 27 per cent, outpacing last year’s projection of a 20 per cent 10-year CAGR.

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