Asia E-commerce
E-commerce growth challenges APAC retail
Traditional retail adapts amidst e-commerce expansion in APAC, Zalora innovates to compete.
E-commerce growth challenges APAC retail
Traditional retail adapts amidst e-commerce expansion in APAC, Zalora innovates to compete.
APAC’s social commerce industry to grow by 12.3% in 2024
APAC consumers prefer online vs in-store shopping.
Key figures at Seamless Asia fan e-commerce excitement over AI
Traditional marketing squeezes its way into discussions on vibrant e-commerce in Asia.
Real-time personalisation boosts online sales by 7 fold
This is compared to those who employ a blanket personalisation strategy.
Around 4 in 5 SG e-commerce organisations adopt AI
About 38% are still experimenting with AI implementation.
Around half of APAC consumers frequently order overseas online
Better quality products are the top driver for cross-border purchases.
About 9 in 10 APAC consumers abandon online carts over inflexible delivery options
Some want to have their items delivered to other places instead of their homes.
E-commerce drives fastest growing retailers in Asia Pacific
Digitalization and focus on experiential retail are among the main factors.
Most consumers in Saudi Arabia use cards to shop online
The e-commerce market is expected to reach $15.7b, GlobalData reported.
More Taiwanese online shoppers are using alternative payment methods
Over 25% of online buys were paid through alternative payment methods, GlobalData reported.
E-commerce trends brands need to keep an eye on
Two in three shoppers in Singapore browse online platforms daily.
What mode of payment Filipino buyers prefer most
Cards were used in over half of the e-commerce transactions in 2022.
These are the most used mobile shopping apps
This is based on the global active users between January and December 2022.
Millennials are more likely to engage with brands for product changes
55% would want to influence product innovation, Euromonitor found.
Social commerce could add up to $42b to Southeast Asia’s e-commerce market
Social platforms will particular contribute $34b in 2022.
Payment cards account for nearly 35% of e-commerce sales in Saudi Arabia
Saudi Arabia’s e-commerce market grew 18%.
Online shopping to ‘completely’ change brick-and-mortar shopping by 2030: report
Flagship stores will likely serve more like ‘car showrooms.’
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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. Carlsberg Asia and Grab partner to elevate beer consumption experience 2. Levi's opens first store in Dhaka, Bangladesh 3. 6 in 10 Gen Zs prioritise user experience and trustworthy reviews 4. Millennials and Gen Zs drive surge in demand for RTD iced coffee 5. South Korea’s Paris Baguette opens first Philippine storeAwards
Jun
11