Connect with us

Ecommerce

Indonesia Has 81 Million of Online Shoppers

Google Indonesia revealed the number of people in the country who shop through online marketplaces has reached about 81 million.

Avatar

Published

on

Google Indonesia revealed the number of people in the country who shop through online marketplaces has reached about 81 million.

The numbers are quite high, especially compared to Indonesia’s internet population of 100 million users. The country’s population is some 250 million people.

The market will continues to grow as mobile devices play more important role in the way of Indonesian shop in the future.

Read the full story here.

Ecommerce is one of the top five activities for Thai mobile users 

Latest survey by the Electronic Transactions Development Agency (ETDA) found ecommerce has replaced e-learning as one of the top five most popular activities in Thailand.

This is the first time ecommerce cracked to the top five. For years, the five most popular activities on mobile devices were communications, entertainment, gaming, online news and information searches, and e-learning.

60% of ecommerce transactions in the country are made on the mobile platform.

Read the full story here.

Uber is lining up investors including Softbank and Didi Chuxing

Uber is in exclusive talks for an estimated $12 billion funding round from four investors including Softbank and Didi Chuxing.

US equity firms Dragoneer Investment Group and General Atlantic are said to be the other two investors. Tencent is reportedly also exploring the opportunity to contribute.

The deal, if happened, would allow the company to retain its valuation of about $70 billion on paper.

Read the full story here.

Original content by ecommerceIQ

Advertisement
Comments

Ecommerce

Alibaba confirms $13bn listing in Hong Kong

Alibaba will offer 500 million shares at a maximum of HK$188 apiece, the company said. The number eight is considered auspicious in China.

Avatar

Published

on

Chinese technology giant Alibaba on Friday confirmed plans to list in Hong Kong in what it called a $13 billion vote of confidence in the turbulent city’s markets and a step forward in its plans to go global.

(more…)

Continue Reading

Ecommerce

E-commerce in ASEAN: Digital technology and players

The 50 most-funded e-commerce start-ups in ASEAN have raised $12.6 billion as of July 2019, with most of the funding raised in the last two years

Avatar

Published

on

E-commerce has been the most dynamic segment of the Internet economy in ASEAN over the past three years. The value of e-commerce rose four-fold, from $5.5 billion in 2015 to more than $23 billion in 2018.

(more…)

Continue Reading

Ecommerce

Southeast Asia’s internet economy hits $100 billion

The two pacesetters in the region are Indonesia and Vietnam, which lead the pack with growth rates in excess of 40% a year.

Avatar

Published

on

The internet economies in Malaysia, Thailand, Singapore and the Philippines are growing by between 20% and 30% annually, with no signs of slowing down, according to Google and Temasek multi-year research program. 

(more…)

Continue Reading

Must Read

Upcoming Events

Mar 11

Food science conferences

March 11 @ 8:00 am - March 12 @ 5:00 pm BMT
Mar 11

Food science conferences

March 11 @ 9:00 am - March 12 @ 5:00 pm BMT
Mar 22

41st World Dental Science and Oral Health Congress

March 22 @ 9:30 am - March 23 @ 5:00 pm BMT
Mar 26

8th Anti-Corruption Compliance Asia Pacific Summit 2020

March 26 @ 9:00 am - March 27 @ 5:30 pm SMT

Press Release

Subscribe via Email

Enter your email address to subscribe and receive notifications of new posts by email.

Join 12,189 other subscribers

Trending