Chart
| Sep 26, 2023
Source: Milieu Insights
With just 47% of its population online this year, India falls far behind Thailand (77.1%), Malaysia (80.3%), and the Philippines (60.2%) and has a way to go before reaching full connectivity. Worldwide, only the Middle East and Africa region has a lower internet penetration. In the US, 89.2% of the population will access the internet at least once per month this year.
Article
| Apr 30, 2022
Chart
| Sep 22, 2023
Source: Bango
Countries mentioned: China, Indonesia, Malaysia, Singapore, Thailand. Key companies: AirAsia, Gojek, Grab, WeChat. Essential stats: This year, retail sales will reach $970.83 billion across the six major economies we track in Southeast Asia. But only 4.6% of those sales—or $45.07 billion—will transact via ecommerce.
Article
| Dec 16, 2021
Chu also discussed expansion plans for the neobank, which is currently just in Singapore and Thailand:. It will launch in Malaysia and the Philippines in partnership with Visa. It’s in “late stage” talks with prospective collaborators to roll out in Vietnam and Indonesia.
Article
| Dec 1, 2021
In Thailand, close to half (49.3%) of social network users are already on TikTok. That figure is a bit lower in the US, but will reach 49.1% by the end of 2026, according to our forecast. TikTok’s growth in the US will come in large part from older users. In 2022, the number of US users ages 65 and older nearly doubled, and double-digit growth will persist through 2025.
Article
| Jan 27, 2023
This year, smartphone penetration among internet users in the region will range from a high of 98.8% in Thailand to a low of 81.7% in the Philippines. The smartphone’s dominance is growing in this mobile-first region. This year, the number of smartphone users in Southeast Asia will grow faster than the number of overall mobile phone users.
Article
| May 10, 2022
Five countries within the region—the Philippines, Indonesia, Vietnam, Malaysia, and Thailand—will rank among the top 10 markets measured by retail ecommerce sales growth. Next year, ecommerce sales growth throughout much of Southeast Asia will fall in the same way it will descend in 2022 for everyone else.
Article
| Feb 22, 2022
Smartphone penetration among internet users in the region will range from a high of 98.8% in Thailand to a low of 81.7% in the Philippines in 2022. This year, the number of Southeast Asia smartphone users will grow faster than the number of overall mobile phone users.
Article
| May 19, 2022
In August, its cloud operations opened facilities in Thailand, Malaysia, and New Zealand. Alphabet announced last month that Google will be building Greece’s first cloud region, per Reuters. Key takeaway: Google, whose cloud services lost $3.1 billion last year, continues to invest in expansion to catch up to leaders Microsoft Azure and Amazon Web Services (AWS).
Article
| Oct 6, 2022
For example, JD.com is shuttering its Indonesia and Thailand retail ecommerce sites as it shifts focus to supply-chain and logistics services.
Article
| Jan 30, 2023
Chart
| Sep 12, 2023
Source: Euromonitor
Chart
| Sep 12, 2023
Source: Euromonitor
India and an inflation-skewed Argentina will round out the top five, and two more Southeast Asian countries—Malaysia and Thailand—will find their way into top 10. Indonesia, India, and Brazil will be the top growth stories among big countries. Together, these three markets will produce nearly $230 billion in retail ecommerce sales this year, nearly double the rest of the top 10 combined.
Report
| Jul 29, 2022
Of the 2.13 billion social network users in Asia-Pacific, 320.2 million will come from the six-country cohort that we identify as Southeast Asia—Indonesia, Malaysia, Thailand, Vietnam, the Philippines, and Singapore. In our inaugural forecast for this subregion, these countries will collectively increase their social network user base by 3.3% this year.
Report
| Jan 18, 2022
Vietnam, Malaysia, and Thailand will also crack the top 10. In the ecommerce penetration rankings, the results are diverse. Indonesia, the US, and Brazil are climbing. China, the UK, and South Korea will continue to lead. All Regions Are Set to Slow Down, but Some More than Others. The Asia-Pacific region overall will post one of the slowest ecommerce growth rates in the world this year, at 11.8%.
Report
| Feb 2, 2022
Thailand, Chile, and Vietnam once rounded out the top 10. Now, however, the list is dominated by advanced economies. Regional growth totals in digital ad spending will mirror the national trends evident above. North America will grow 37.5% this year. The EU-5 (in which we still include the UK) will expand by 30.5%. Europe overall will grow digital ad spending by 27.4%.
Report
| Nov 23, 2021
In Thailand, some parts of China, and South Korea, for example, when you greet someone, it's very common to ask them, "Hi, have you eaten?" And the polite response, no matter your level of hunger is to say, "Yes, I have. Thank you very much for asking." The greeting norms in Poland, meanwhile, are a little more brutal. Ask a Pole, "Hi, how are you?"
Audio
| Feb 24, 2023
Elsewhere around the world, apparently in Brazil, Thailand, and Finland, service is usually included in the bill. Is that right, Matteo? Yeah, you're nodding. Matteo Ceurvels:. That is correct. Bill Fisher:. Yeah. Meanwhile in China and Japan, tipping is perceived as offensive. So be careful with misplaced generosity there if you don't want a rebuke.
Audio
| Jun 23, 2023
Chart
| Dec 19, 2022
Source: eMarketer
Southeast Asia is home to the three fastest-growing ecommerce markets in the world. This year, Singapore will post 36.0% digital sales growth, while Indonesia will see an increase of 34.0% and the Philippines, 25.9%.
Article
| Jul 29, 2022
Chart
| Jun 28, 2022
Source: Censuswide; Wunderman Thompson
Chart
| Jun 28, 2022
Source: Censuswide; Wunderman Thompson
Chart
| Jun 28, 2022
Source: Wunderman Thompson
Chart
| Dec 1, 2022
Source: eMarketer