Southeast Asia’s digital economy is set to reach a significant milestone, generating $100 billion in revenue and $218 billion in gross merchandise value (GMV) by 2023. The region has showcased its resilience and adaptability, with revenue growing 1.7 times faster than GMV.
Thailand is expected to become the second-largest digital economy in Southeast Asia by 2030, driven by the growth of e-commerce. Digital financial services, particularly digital lending and payments, are fueling the region’s digital economy.
Efforts are needed to promote digital inclusion and bridge the digital economic divide. Despite a decline in private funding, available capital for investment remains, with a focus on profitability and strong exit options for digital companies.
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