A new report from Bain & Company and Facebook said e-commerce and other digital trends across the region were accelerated by the Covid-19 outbreak.
from Google, Singapore state investor Temasek and Bain predicted that by 2025, the region's internet economy would grow to $300 billion. It will likely be driven by e-commerce, ride-hailing, and supported by a rise in digital payments.
Even after economies are fully reopened, people in Southeast Asia are 1.5 times less likely to go out in the future compared to their American counterparts, which would mark a massive culture shift in the region, according to the report.
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