Home East AsiaBusinessSoutheast Asia’s digital economy is set to hit $218 billion in 2023

Southeast Asia’s digital economy is set to hit $218 billion in 2023

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Carlina Teteris | Moment | Getty Images

The yearly report analyzed the five main sectors of Southeast Asia’s digital economy – e-commerce, travel, food and transport, online media and digital financial services.

The report also revealed revenue in Southeast Asia’s digital economy is expected to hit $100 billion this year, growing 1.7 times as fast as the region’s total transaction value.

This is because firms are shifting focus from “growth at all costs” to profitability, in a bid to build “healthy”…



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