Today in Southeast Asia there are over 360 million internet users and 90% of them are connected by mobile phones. In 2019 the internet economy in the region has soared $100 billion and by 2025, the Internet economy is expected to grow to $300 billion.
In Singapore, Malaysia, Thailand and Philippines the internet economies are growing between 20% and 30% annually, but in the fast growing economies like Indonesia and Vietnam, the growth rates is over 40% a year.
ICCS would like to thank the speakers Han Peiyi – Cross Border of Ninja Van, Olive Tai – Co-Founder of Synagie and Prashasti Agrawal – Category Manager of Shopee for sharing with us valuable information on e-commerce opportunities in the region.
