E-commerce platforms that are dominating Southeast Asia

E-commerce platforms that are dominating Southeast Asia 6

Southeast Asia’s E-commerce, as the biggest Internet economy sector, has exceeded USD 38 billion in value. Among hundreds of competitors, potential winners are starting to show up as 2019 is coming to an end, according to an E-commerce report by iPrice Group, App Annie and Similar Web.  ->> See more: E-commerce: now the largest Internet economy […]

Vietnam exports to over 200 markets worldwide

Vietnam exports to over 200 markets worldwide 10

Top 30 export countries worldwide Vietnam has come a long way to put its name on the export map of the world. According to the country’s Ministry of Industry and Trade, Vietnamese products have entered more than 200 markets all over the world, including countries with strict import regulations such as the US, EU, Japan […]

How Gen Z shops online using social media

How Gen Z shops online using social media 13

Social media has come a long way since first introduced in the 1990s, from a platform that connects friends and families to a place where people can engage with their favorite brands, express their opinions and stay updated about global events. Growing up with technology integrated into their lives, Gen Z (born between 1995 and […]

Southeast Asia: Fastest adopters of conversational commerce

Southeast Asia: Fastest adopters of conversational commerce 18

What is conversational commerce? The term refers to the method of using chat or messaging apps to sell goods and services online. Combining the convenience of online shopping with a personal take, conversational commerce is being embraced by customers across the world, with Southeast Asians being the leaders. Southeast Asians as the fastest adopters Surpassed […]

E-commerce Insights: How Southeast Asians shop online

E-commerce Insights: How Southeast Asians shop online 23

Southeast Asian E-commerce is prosperous as ever, thanks to a combination of increasing choices, better access to the Internet and rising affluence. A survey named  “Riding the Digital Wave: Southeast Asia’s Discovery Generation”, conducted by Facebook and Bain & Company provides us with valuable insights regarding this promising sector. The study draws information from nearly […]

How Indonesia’s online retail has changed in 2019

How Indonesia's online retail has changed in 2019 27

Overview With a population of 265 million, 171 million Indonesians have access to the Internet (2018 figures). This number represents 65% of the population and an increase of 18% compared to last year, being one of the countries with the highest Internet penetration rates worldwide. Among these users, only one-fourth of them engaged in E-commerce […]

E-commerce: now the largest Internet economy sector in Southeast Asia

E-commerce: now the largest Internet economy sector in Southeast Asia 33

2019 is not over yet, but the E-commerce sector of Southeast Asia (SEA) already racked up $38.2 billion in total gross merchandise volume (GMV), officially surpassed Online Travel to become the biggest sector of the Internet Economy. So what’s the cause behind this triumph? E-commerce platforms and related services have provided them with access to […]

A to Z about Southeast Asia’s Internet Economy in 2019

A to Z about Southeast Asia's Internet Economy in 2019 39

A growing $100 billion economy With a population of 570 million, the Southeast Asia region consists of Indonesia, Malaysia, the Philippines, Thailand, Vietnam and Singapore are some of the fastest-growing markets globally. Mixing young countries with an Internet revolution results in a generation of engaged users, which is the case of Southeast Asia. In 2019, […]

Seize the E-commerce opportunity in Thailand

Thailand Eng

A quick recap of Thailand’s E-commerce Thailand in 2018 GDP: USD 602 billion (second largest in Southeast Asia, behind Indonesia) The second-largest Business-to-Consumer (B2C) E-commerce market in Southeast Asia Internet coverage Internet penetration rate: 57.4% Internet users: 45 million Mobile subscribers: 124.8 million Facebook users: 52 million LINE users: 44 million Online transactions: 52% are […]

Social media is still a major shopping platform in Vietnam

Social media is still a major shopping platform in Vietnam 49

Besides E-commerce platforms, social network service (SNS) is recognized as one of the most common channels for social commerce in Vietnam for online shopping.        >>> Read more: Social media is still a major shopping platform in Vietnam In July 2019, Ho Chi Minh City-based market research firm Q&Me conducted a survey in […]