Approaching $200B in rough seas

Digital economic growth continues, post COVID-driven acceleration

$200B in 2022

SEA's digital economy closes in on $200B GMV

SEA’s digital economy is expected to grow 20% YoY in 20222

Growth trajectories

Consumers' new post-pandemic behaviours determine the growth trajectories of digital sectors

E-commerce sustains its growth momentum, while food delivery returns to trendline after a 2-year spike3

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Prudence cloudstech investments

Tech investments in SEA have remained strong especially in early-stage startups, but are expected to slow in H2'22 as investors exercise caution

Top investment sector

Digital financial services overtakes e-commerce as SEA’s top investment sector

Digital financial services is on track to be stronger in 2022, with record funding of ~$4B in H14

Long-term confidence

Investors are confident in SEA’s long-term prospects and are spreading their bets

Vietnam, Indonesia, and the Philippines are most likely to attract more investors in the longer term5

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ESG and sustainability

Environmental, social, and governance (ESG) considerations are regarded as important by 50% of VCs. Among the 3 dimensions, environmental and social sustainability matters to investors and consumers.

Carbon footprint

As the digital economy grows, so too will its carbon footprint

The digital economy is projected to produce 20M tonnes of CO2e by 2030

ESG

Investors can further embed ESG into investment processes to encourage adoption

~50% of VCs consider ESG an important area of focus when investing in 2022

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Towards a moresustainable digital economy

With nascent and underpenetrated markets, SEA's digital economy still contains sizeable headroom for growth

Next growth wave

Sustained growth is expected, with Vietnam and Philippines likely frontrunners in next growth wave

In most SEA countries, the digital economy is expected to grow 2X as fast as GDP between now and 20308

$1T GMV by 2030

SEA is still on course to reach between $600B - $1T GMV by 2030

Key enablers need to be established to sustain this growth9

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