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

7 months 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

Trade War Incentive Schemes flourishing in ASEAN

Countries such as Thailand, the Philippines, Malaysia, and Indonesia have unveiled an array of incentive packages to entice businesses affected by the US-China trade war.

Published

3 weeks ago

November 25, 2019

ASEAN Briefing

Governments across ASEAN have been unveiling an array of incentive packages to entice businesses affected by the US-China trade war.

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Corporate

Employers should hire new workers based on their potential

Published

1 month ago

November 6, 2019

Bui Dung

A Thailand representative office is essentially a branch of a foreign corporation

58 percent of employers have hired employees based on their potential, and 94 percent of them said their potential-based hires had become a valuable part of their teams.

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Asean

ASEAN bucks record 155 billion USD FDI in 2018

The flow of foreign direct investment (FDI) into the 10 ASEAN countries has gone up for the third consecutive year, breaking a record 155 billion USD set in 2018.

Published

1 month ago

November 4, 2019

Olivier Languepin

Last year inflows to the ten-member Association of South East Asian Nations (ASEAN) were up 11.5%, from US$147 billion in 2017 to $155 billion in 2018, according to new UNCTAD research.

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