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To: Mohan Marette who wrote (1444)3/16/2000 12:50:00 PM
From: Mohan Marette  Read Replies (1) | Respond to of 4187
 
Lehman Bros Predicts Explosive Asian E-C Growth

[March 14, 2000] Lehman Brothers released a report in March/February detailing the investment bank's vision for Asian e-commerce for the next two years.

The "E-Commerce In Asia" report, whose release coincided with the bank's Second Annual Internet Asia Conference, is categorized into analysis of business-to-consumer e-commerce, business-to-business e-commerce, infrastructure and advertising.

Needless to say, with a 31 percent CAGR growth projection by end of 2001, the report is very bullish on Asia's Internet growth in the coming two years.

Lehman expects Internet users in Asia to expand from 38 million in 1999 to 68 million in 2001 and regional e-commerce spending to rise from US$6 billion to US$22 billion in the same period.

In Asia alone, the bank expects Internet advertising spending to explode from US$166 million in 1999 to over US$2 billion in 2003, a whopping CAGR of 186 percent.

Between last year and 2001, Lehman sees B2C e-commerce to grow from US$6.2 billion in 1999 to US$22.6 billion in 2001, a CAGR of 92 percent. Projections on B2B e-commerce are less clear in the investment house's report but Lehman expects B2B to be ten times B2C.