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Business

Southeast Asia digital consumer market to hit $50bn in 2017: report

Online consumers to exceed 200 million this year, up 50% from a year ago

The spread of affordable smartphones and social networking services are important factors behind the growth of e-commerce in Southeast Asia.

SINGAPORE -- An increasing number of Southeast Asian people are relying on digital means to purchase products and services, helping the region's internet economy to balloon to more than $50 billion, according to a report by Bain & Co.

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