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Google, Temasek See S.E. Asia Web Economy Reaching $200 Billion

  • In 2014, VC investment in Southeast Asia accounted for 0.04 percent of its gross domestic product.
  • “There’s a $200 billion opportunity in Southeast Asia,” Rajan Anandan, managing director of Southeast Asia and India at Google, told the conference. “
  • As more consumers get online and shop from smartphones, e-commerce in the region could jump to $88 billion by 2025, a 16-fold increase, according to a report the two companies released in conjunction with a conference in Singapore.
  • Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.
  • Google Is Officially in the Fashion Tech Business May 24, 2016

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@yoolimleenews: “Google , Temasek See Southeast Asia Internet Economy Reaching $200 Billion via @technology #economySEA #VC #startup”

Southeast Asia’s Internet economy, spanning online shopping to games and advertising, will surge sixfold to about $200 billion in the next decade, according to joint research by Google Inc. and Temasek Holdings Pte.

Google, Temasek See S.E. Asia Web Economy Reaching $200 Billion