Four charts from Google make the argument for a growing, $50 billion e-commerce bloc

by Dramelin 9:00 PM 0 comments

Digital businesses can`t afford to ignore Southeast Asia, according to a new report by Google and Singaporean state investment vehicle Temasek.
Home to fast-growing economies such as Indonesia and the Philippines, Southeast Asia boasts a massive internet user base that`s overwhelmingly focused on mobile.
That will push the region`s internet economy to hit $50 billion this year and $200 billion by 2025, growing from 2 percent of regional gross domestic product to 6 percent by 2025, the report said.