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New Economy: Rapid Growth in Southeast Asia’s Online Sector

Southeast Asia’s internet economy is forecast to reach $1 trillion by 2030, according to a new report by internet giant Alphabet, the Bain & Company consultancy and Singapore state investor Temasek Holdings.

The online sector is expected to grow from an estimated $174 billion in gross merchandise volume (GMV) by the end of 2021 to $360 billion by 2025 and $1 trillion by 2030.

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Ankur Tanwar

After graduating as a Computer Science student and having worked as Data Analyst for two years, Ankur made the switch to the film and entertainment industry. With an affinity for understanding and managing software, Ankur found a talent for video editing and has worked for Asia Financial since launch, as a Video Editor and Producer. Ankur is in charge of the AF TV production unit based in Delhi.


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