Bain & Company
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India’s online marketplaces to reach $350b in GMV by 2027
The country’s online marketplaces have contributed over $100b in GMV so far.
India’s online marketplaces to reach $350b in GMV by 2027
The country’s online marketplaces have contributed over $100b in GMV so far.
What retailers in China could gain on Singles Day
Increased competition is, however, expected with several other retail festivals and shopping events.
Digital economy in Southeast Asia to grow 20% in 2022
The region’s GMV is expected to be at $200b.
Over 70% of consumers are willing to pay more for sustainable products
But, most shoppers have not done so in practice.
What’s the ‘hottest’ investment country in Southeast Asia?
Its digital economy is expected to grow by 22% to $18b in 2022.
Alternative e-commerce gains traction led by business messaging
They accounted for around 25% of online spending in Thailand and the Philippines.
Offline shopping plays key role at purchase stage: report
Around 41% of the spending was done offline.
E-Commerce GMV growth in Southeast Asia slows but remains ‘healthy’
Online purchase frequency dipped due to the relaxation of COVID restrictions.
Southeast Asia’s digital consumers to reach 370 million by end-2022
It is expected to grow to 402 million by 2027.
Tech adoption in luxury goods industry accelerates: report
This enhances customer engagement and operational performance amongst others.
Shenzhen’s retail market face concerns despite expansion
Retail sales of consumer goods fell in the first quarter.
China’s FMCG retailers must compete amidst growing digitization: Bain
Retailers must focus on categories that continue to have low online penetration.
China’s luxury market suffers from spending crunch amidst strict COVID measures
Despite this, consumer appetite remains strong.
Chinese consumers will be top luxury clients in 2025: report
They would account for 40% to 45% of the global purchases.
Trends that will shape China’s luxury market
China is becoming the world’s largest luxury good market by 2025.
China on track to become world’s largest luxury market by 2025
This is even as its luxury goods demand is seen to have moderate growth.
How can SEA businesses expand their presence through social media?
8 out of 10 consumers in the region use online platforms to discover items they want to buy.
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EY’s Olivier Gergele highlights how retailers can navigate and thrive in today’s complex landscape and evolving consumer preferences
![EY’s Olivier Gergele highlights how retailers can navigate and thrive in today’s complex landscape and evolving consumer preferences]()
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By implementing a sound omnichannel strategy, prioritising the consumer experience and adapting to changing trends, retailers can differentiate their value proposition.
By implementing a sound omnichannel strategy, prioritising the consumer experience and adapting to changing trends, retailers can differentiate their value proposition.
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