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Colliers Property Report – Myanmar Retail Quarterly Q4 2018

E-commerce and experiential retail growth potential promising Summary & Recommendations Myanmar can be considered a latecomer to the e-commerce wave, having experienced international isolation until 2011. While the country’s e-commerce future looks favourable, a huge amount of work from the government remains, particularly in improving the legislative framework, information and communications technology, and payment infrastructures. […]

Alibaba aims to grow five times bigger in Myanmar by mid-2019

DRIVEN by rapid gains in smartphone use and people’s willingness to try new things in Myanmar, Alibaba Group plans to grow its business by at least five times in the country in the coming six to eight months, according to Frans Maas, managing director of Shop.com.mm, which is now under the fold of the Chinese […]

Alibaba secures foothold in Myanmar market, growth in e-commerce expected

Alibaba group has established a foothold in Myanmar following the acquisition of Daraz Group, the Pakistani online shopping platform which operates Myanmar e-commerce site shop.com.mm. The move could be the start of a slew of investments in the country by the Chinese Internet giant as well as other rival businesses. It also came just a […]