Southeast Asia internet economy to hit $1 trillion by 2030, report says
By
Biju Kumar
SINGAPORE: Southeast Asia’s internet economy is forecast to reach $1 trillion by 2030, as tens of millions more people take up online shopping and embrace food delivery, an industry report said on Thursday.
The report, by Alphabet’s Google, Singapore state investor Temasek Holdings and global business consultants Bain & Company, said the region had added 60 million new internet users since the start of the coronavirus pandemic, taking the total to 440 million.