The Google e-Conomy Southeast Asia 2020 Report with Stephanie Davis

In episode 335, Stephanie Davis, Vice President of Google Southeast Asia, joined us in a discussion on the latest e-Conomy Southeast Asia (SEA) report and dissect the latest digital trends and discuss how the different industries are moving under the impact of the COVID-19 pandemic. Stephanie started on the key themes, takeaways and intended audience for the report and broke down the key verticals which have benefitted during the COVID-19 pandemic and which industries have faced the strongest headwinds, for example travel. Last but not least, Stephanie offered an optimistic outlook to what 2021 will look life given the uncertainty ahead.

Here are the interesting show notes and links to the discussion:

Stephanie Davis, Vice President, Google Southeast Asia (LinkedIn) What is your current role and responsibility in Google?  How did you start your career and end up in Singapore? In your career journey, what are the key learnings you can share with our audience here? e-Conomy Southeast Asia (SEA) 2020 by Google, Temasek and Bain & Company This is the 5th year of the e-Conomy report, and it is assembled by Google, Temasek (Singapore’s sovereign wealth fund and a key investor to many startup unicorns from China to Silicon Valley) and Bain & Co (one of the well-known consulting firms). To start the conversation, what are the key themes from the e-Conomy 2020 report this year? Who are the intended audience of the 2020 report? Southeast Asia has often been touted as the next geographical region after China and India. In 2020, the COVID-19 pandemic has dominated the headlines of every nation in the world, and has acted as a catalyst to digital growth & transformation. How has COVID-19 pushed the population of Southeast Asia to come online or accelerated this process, and where is this new growth coming from? What are the three key verticals which have benefited from the COVID-19 pandemic?  Given that most of the world is still caught in a lockdown, you’re probably WFH as well, what is both the quantity and quality for digital engagement of users in the Southeast Asia region? Has the economic growth in Southeast Asia slowed down? Which countries within Southeast Asia have shown growth and which ones have slowed down? Can you talk about how ecommerce has thrived this year and what kind of headwinds do you see in the coming year?  As more people go digital in the years to come, we see that fintech, entertainment and gaming will continue to grow, where do you see the behaviour and activity of different stakeholders such as consumers, businesses, and regulators within this ecosystem? One of the sectors that is gravely affected this year is, of course, the travel industry. Where do you see the signs of recovery?  The Chinese word for crisis consists of 2 characters that mean danger and opportunity, and as Einstein has once said, “In the midst of every opportunity, lies great opportunity.” So what are the two verticals that have emerged this year?  Temasek is a co-publisher of the report, they’re Singapore’s sovereign wealth fund and a key investor of many startups from China to Silicon Valley, so how do you see the startup space evolving with regards to deal activity, diversification of portfolios by investors from private equity to venture capital?  What is the outlook for businesses in the year ahead? Should we be optimistic given that the pandemic has both accelerated digital transformation but also shut down many businesses at the same time? Closing Do you have any recommendations (for example, books, podcasts, videos or articles) which you can recommend to our audience? Stephanie's recommendations: Podcasts 1/ Mental Health, Disability and the Invisible 9%, 2/ How Authority and Decision Making differs across Cultures, 3/ Transgender Inclusion; Books: How to be an anti-racist by Ibram X. Kendi How do my audience find you? 

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The show is hosted and produced by Carol Yin (@CarolYujiaYin) and originally created by Bernard Leong (@bernardleong, Linkedin). Sound credits for the intro music: Taro Iwashiro, "The Beginning" from Red Cliff Soundtrack.

analyseasia · The Google e-Conomy Southeast Asia 2020 Report with Stephanie Davis