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Google report: Southeast Asia's digital economy to triple to $240 billion by 2025

Jon Russell
Google report: Southeast Asia's digital economy to triple to $240 billion by 2025

It may sit in the shade of China and India, but tech has real growth potential in Southeast Asia. Home to a cumulative 650 million people, the region's digital economy is forecast to triple in size and reach $240 billion over the next seven years, according to Google's third "e-Conomy SEA" report. Southeast Asia has 350 million internet users across its six largest countries -- that's more than the entire U.S. population -- and the latest data suggests its internet economy will reach $72 billion this year, up from $50 billion last year and $19.1 billion in 2015.