Southeast Asia leads in adoption of new technologies: Report

Southeast Asia is leading the adoption of new technologies, according to a report. Much of that is signalled by the high penetration of e-wallets, cryptocurrency and non-fungible tokens, compared to markets such as China, the US, the EU and Japan. According to a new study on the digital economy and e-commerce by consultancy Meta and Bain & Company, almost 70 per cent of people have used at least one metaverse-related tech – like virtual and augmented reality – in the last year. Damian Kim, Singapore Managing Director of Meta, shared more details.

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