Trillion baht online economy in sight
Thai digital business surges 51% this year
Thailand’s internet economy is expected to be worth US$30 billion (around 984 billion baht) in 2021, up 51% year-on-year, buoyed by a surge in e-commerce, according to the latest e-Conomy SEA 2021 report.
The annual study of Southeast Asia’s internet economy is jointly commissioned by Google, Bain & Company and Temasek.
The study forecasts Thailand’s internet economy will hit $57 billion in gross merchandise value by 2025 with a compound annual growth rate of 17% between 2021 and 2025. The report last year forecast the country’s internet economy would reach…
