Nearly 1,400 deals involving SEA’s Internet companies in 2016 and 2017 saw investments in series A and seed rounds. It shows that there are a lot of opportunities for Thai Internet companies, said Ben King, country director of Google Thailand. King noted the report’s forecast that the SEA Internet economy would reach $200 billion in 2025. According to the report, there are $40 billion to $50 billion in funds required over the 10 years from 2015 to 2025, to build the whole forcasted $200 billion SEA Internet economy. The report was co-developed by Google and Temasek and studied four key areas of the Internet economy, including e-commerce, online media, ride-hailing, and online travel.

Source: The Nation Bangkok February 25, 2018 17:37 UTC