Southeast Asia
Social commerce could add up to $42b to Southeast Asia’s e-commerce market
Social platforms will particular contribute $34b in 2022.
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 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.
Digital economy in Southeast Asia to grow 20% in 2022
The region’s GMV is expected to be at $200b.
Shopee strengthens fight against counterfeit pharmaceutical products
It has partnered with the Pharmaceutical Security Institute to educate both sellers and shoppers.
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.
Ninja Van invests US$50m in automation across Southeast Asia
This is expected to increase their operational productivity by up to 50%.
Lazada, partner brands to launch anti-counterfeiting consortium
It is the first anti-counterfeiting group in Southeast Asia.
Southeast Asia’s bubble tea spending reaches $3.66b annually
Indonesia and Thailand were the biggest bubble tea markets in the region.
Coca-Cola, Grab tie up to accelerate merchants’ digitalisation
The partnership covers six Southeast Asian markets.
Over 50% of SMEs in Southeast Asia more optimistic: report
Indonesians were found to be the most optimistic.
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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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1. foodpanda launches house brand ‘bright’ 2. ZALORA ramps up sustainability amidst rising demand for eco-products 3. Alternative payments dominate Hong Kong's e-commerce in 2023 4. Malaysia's e-commerce market to grow by 12.8% in 2024 5. MINISO enhances employee welfare and environmental initiatives in 2023Awards
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