Olivia Poh / Bloomberg:

Google, Temasek, and Bain expect online spending in Southeast Asia to rise 15% YoY to $263B in 2024, the lowest growth rate since at least 2017, amid inflation  —  - Elevated inflation and interest rates hit online consumption  — AI-ready data centers emerge as a bright spot for investments

Olivia Poh / Bloomberg:

Google, Temasek, and Bain expect online spending in Southeast Asia to rise 15% YoY to $263B in 2024, the lowest growth rate since at least 2017, amid inflation  —  - Elevated inflation and interest rates hit online consumption  — AI-ready data centers emerge as a bright spot for investments

Source: TechMeme
Source Link: http://www.techmeme.com/241104/p35#a241104p35