Thailand’s internet economy ‘healthy’ but lags in digital adoption

Thailand’s internet economy is growing at “a healthy clip”, from US$6 billion in 2015 to US$16 billion in 2019, but the country still lags behind regional peers in digital adoption and digitalisation, a report by Maybank Kim Eng said on Thursday.

The report, titled ‘Disruption Watch #7: Thailand’s Digital Revolution’, said online travel is the largest component, while e-commerce, online media and ride-hailing are growing strongly.

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