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e-Conomy SEA 2023 report: Southeast Asia’s digital economy is set to hit $100 billion in revenue. Businesses now focusing on boosting profitability; widening digital participation remains critical

NEWSROOM by NEWSROOM
March 21, 2024
in Industries, South Asia
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  • Digital economy is poised to deliver both revenue and gross merchandise value (GMV)1 growth, with revenue growing at 1.7x the rate of GMV.
  • Digital economy sectors are showing positive growth trajectories, with travel and transport on track to exceed pre-pandemic levels by 2024.
  • Digital financial services (DFS) have succeeded in increasing monetisation and building adjacent revenue streams. Digital payments now make up more than 50% of the region’s overall transaction value.
  • Despite the challenging funding environment, dry powder is on the rise in SEA.
  • While retaining high-value…



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