Digital decade delivering for Southeast Asia

Region's internet economy on track to hit $1t as e-commerce, logistics boom

Southeast Asia is embracing its "digital decade" with the region's internet economy expected to soar on the back of a fast-growing base of digital consumers and merchants.

A report released by Google, Temasek and Bain & Company said Southeast Asia is on track to become a $1 trillion digital economy by 2030.

Accelerating in e-commerce and food delivery, the region is estimated to reach $360 billion in gross merchandise volume, outgrowing an earlier projection of $300 billion, according to the report.