E-commerce
Online shoppers in India to grow up to 450 million by 2027
Online shoppers in India to grow up to 450 million by 2027
Currently, there are 200 million to 230 million.
Malaysia outperforms business expectations in past 12 months: Shopee
More than 145,ooo stores achieved a 25% growth in sales.
Social commerce could add up to $42b to Southeast Asia’s e-commerce market
Social platforms will particular contribute $34b in 2022.
Nearly 45% of consumers shop online for cheaper options
This was driven by uncertainties in the current economic condition.
Why consumers are spending less on promotional events
The discount they get do not match their expectations.
Around 6 in 10 AMEA consumers expect sustainability in online shopping
They are interested in sustainability as much as they are in delivery speed.
Payment cards account for nearly 35% of e-commerce sales in Saudi Arabia
Saudi Arabia’s e-commerce market grew 18%.
Around 7 in 10 SEA consumers wait for online sale seasons
The “deal-hunting” behaviour can be seen more in Singapore, Malaysia and Indonesia.
Shopee, Lazada are top online shopping platforms in SEA
Convenience is the top reason for shopping online amongst Southeast Asian consumers.
Carousell cuts 10% of total headcount
A total of 110 roles were laid off.
Food delivery sector must modernise after delivery aggregator exits Australia: report
Delivery aggregators have been grappling with driver shortages and rising inflations.
Alibaba launches sustainable packaging campaign with Shiseido
They offered products in refillable containers as rewards.
Here’s how Ox Street makes secondhand items more attractive than new
The company has an authentication process to ensure fake items do not make it to the listing.
Alibaba Group records $3.2b net loss in September 2022 quarter
Its revenue increased by 3% YoY to around $29.1b.
Cainiao revenue up 26% YoY to $2.57b in Q2 FY23
Over 70% of its revenue was from external customers.
South Korea’s Coupang to remain profitable amidst funding crunch: report
The company’s net profit stood at $91m in the third quarter.
South Korea’s Coupang posts record net profit in Q3
Its net income stood at $91m.
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He stressed that companies can stay ahead by driving personalisation, seamless experiences, and embedding sustainability at the core of their operations.
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Winning at the shelf: Innovative packaging strategies