e-conomySEAUnlockingthe$200billiondigitalopportunityinSoutheastAsiaGoogle&Temaseksjointperspectivesweredevelopedusing4independentdatasourcesProprietaryGoogledataTemasekresearchExpertinterviewsSecondarydatasourcesQueryandclickdatatoassessdemandbycountry;internetusagedatabycountry;smartphonepenetrationbycountryVCandstartupactivitybycountry(includingnumberofdeals,exits,sizeofstartups,numberofstartupsbyfundingstage,etc.)59expertinterviews(21startups,12VCs,23analystsatleadingbanks,and3industryexpertsacross6countries)tovalidateresearchfindingsNumeroussourcessuchasWorldbank,UN,EIU,Euromonitor,McKinsey,WEF,andgovernmentwebsiteswereusedtocalculateeconomicdevelopmentindicatorssuchaspopulationtrends,GDPgrowth,etc.1234DATASOURCEDESCRIPTION1ResearchscopeINCLUDEDEXCLUDED3majorsectors:1.First-handeCommerce(i.e.on