Vietnam’s e-commerce sector is showing the strongest growth optimism in Southeast Asia, even as it faces some of the region’s toughest regulatory challenges, according to a new report by Blackbox Research titled “The Next Leap for E-Commerce in Southeast Asia.”…
Aug 13 (Reuters) – Sea Ltd (SE.N), opens new tab beat revenue estimates for the second quarter and raised its forecast for e-commerce platform Shopee, signaling robust demand for online shopping in Southeast Asia and sending its U.S.-listed shares up 11% on…
Based on the given data on ecommerce sales in Singapore, we can see that the ecommerce market in Singapore has experienced continuous growth over the past few years. From 2018 to 2023, ecommerce sales have increased year-on-year, showing a solid…
e-commerce has been on a growth trajectory in the last five years, accelerating at a tremendous pace when online retail shopping became the norm during the Covid pandemic. As Asia has the largest share of the global e-commerce market, set to…
Southeast Asia’s e-commerce market is on track to reach US$325 billion by 2028, driven by rapid digital payment adoption and increasing regional interoperability. A recent report by market intelligence firm IDC, commissioned by global payments platform 2C2P and Antom, highlights…
E-commerce is one of Southeast Asia’s fastest-growing and most dynamic sectors, a region with over 660 million people and a combined GDP of almost 4 trillion US dollars. Despite the challenges posed by the COVID-19 pandemic, e-commerce has shown remarkable…
There are 5.05 billion people with internet access across the globe– a number that is likely growing by the day– and one would be hard pressed to find an internet user who had never shopped online and contributed to the $5.13 …
The Indonesia e-commerce market is growing at a fast pace and is expected to surge by 15.5% in 2024, driven by the ongoing shift of consumer preferences from offline to online shopping, finds GlobalData, a leading data and analytics company. GlobalData’s…
Southeast Asia is a diverse market situated between the Indian Ocean and the Pacific Ocean. The region comprises 11 countries: Brunei, Cambodia, East Timor (Timor-Leste), Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. With a population of 679.35 million in…
Koo.mv, the most advanced online marketplace and the first of its kind in the Maldives, has been launched to corporates by Laniakea Trade at an event held at Symphony Maldives on 10th June 2018. The state-of-the-art platform which is designed to…