Southeast Asia's Internet economy to hit $US100b
Singapore| Southeast Asia's Internet economy was forecast to grow 39 per cent this year to $US100 billion ($150 billion) as millions of people in region went online to shop for the first time and ride-share firms grew in popularity, an industry report showed on Thursday.
The annual report by Google, Singapore's state investor Temasek Holdings and global business consultants Bain & Company also lifted its forecast for the region's growth through 2025 to $US300 billion, from $US240 billion previously.
Reuters
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