Asean

The State of eCommerce in Southeast Asia

Mobile apps are playing a vital role in the development of e-commerce. According to a report by Google and Temasek, there are more than 350 million internet users in the six largest markets in Southeast Asia

Published

1 year ago

May 23, 2019

Boris Sullivan

The Map of E-Commerce ranks Thailand’s top e-commerce players based on their average quarterly traffic, mobile application ranking, social media followers and number of staff. Data was collected in April 2019.

Shopee and Lazada dominate, but some local champions such as Tokopedia are thriving, according to an iPrice study

More than 90% of Southeast Asians connect to the internet primarily through mobile devices.

Overall, Google and Temasek expect the e-commerce market in the region to be worth US$102 billion by 2025.

This figure is expected to rise as smartphones become more accessible and networks become faster.

Lazada and Shopee remain the top players in Thailand

Mobile dominates but Desktop is still alive

Although mobile applications are an important aspect of e-commerce, e-commerce websites remain relevant to consumers as well. A study on the State of E-commerce in Southeast Asia noted that consumers were more likely to conduct purchases via desktops as compared to mobile.

In addition to this, the same report by Google & Temasek stated that the internet economy will rapidly grow to become a US$240 billion industry with e-commerce as a key driving force and is estimated to garner as much as US$102 billion by the year 2025.

As e-commerce companies today are racing to realise the digital potential, we conducted a study to ascertain the leading e-commerce shopping applications of today. iPrice Group partnered with App Annie Intelligence, an app market data, and insights company to identify which e-commerce mobile shopping applications were most actively used in Q1 2019.

The e-commerce shopping apps were ranked via the average monthly active users (MAU) recorded in Q1 2019. Utilising MAU, App Annie Intelligence aggregated and ranked applications for six key markets in Southeast Asia (SEA) namely, Indonesia, Malaysia, Philippines, Singapore, Thailand, and Vietnam.

Asean

In the Dragon’s Shadow: Southeast Asia in an Age of Rising Chinese Power

As China’s economy has surged and its leadership has asserted its power abroad, each country of Southeast Asia has been presented with a thorny challenge: how to benefit from the Chinese renaissance while safeguarding its sovereignty over the long term

Published

7 days ago

September 21, 2020

Boris Sullivan

The 11 nations of Southeast Asia stand uniquely exposed to the rising power of the new China: three share borders with the world’s most populous nation, and five are directly impacted by its claims over the South
China Sea.

(more…)

Investment

Why Vietnam Has Become a Promising Alternative for US Businesses in Asia

Vietnam Briefing discusses trends in the Vietnam-US relationship, growing economic ties, and how US businesses can leverage and benefit from moving their production to Vietnam.

Published

3 weeks ago

September 9, 2020

Headline Editor

Following four decades since the end of the Vietnam War, Vietnam’s relationship with the US has changed significantly.

(more…)

Asean

Global value chains: risk mitigation to reduce dependence on China

Risk mitigation will lead to reduced dependence on China in global value chains, and diversification will benefit ASEAN, but localisation of production will have negative effects for ASEAN producers

Published

1 month ago

August 24, 2020

Boris Sullivan

Risk mitigation will lead to reduced dependence on China in global value chains, and diversification will benefit ASEAN, but localisation of production will have negative effects for ASEAN producers

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