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High e-commerce potential, but growth stunted, for now

On November 11, 2018, online shoppers in Myanmar purchased goods worth US$90,000 on the Internet within the first hour of Alibaba Group’s global 11.11 sale. It was the first time the Chinese e-commerce giant had opened up the annual event to Myanmar, where just 1 percent of the population is exposed to e-commerce. Alibaba knows […]

Online shopping picks up momentum in Myanmar

Shop.com.mm, the Myanmar arm of China’s largest e-commerce company Alibaba Group, generated sales of over US$90,000 (K143 million)in the first hour of its first-ever Singles Day online sale on November 11. The occasion, also known as 11.11, is the biggest shopping event in China. Shop which is the largest online shopping platform in Myanmar, received […]

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 […]

Black Friday : e-commerce sales taking off in Myanmar

Shop.com.mm, Myanmar’s largest e-commerce platform, are providing access to substantial discounts and unmatched variety for their Black Friday Sale, November 25th-27th. Black Friday Sales traditionally take place on the Friday after Thanksgiving (late November) in North America and have come to be one of the largest shopping days of the year. It was not uncommon […]

Shop.com.mm Claims Big Response on Myanmar’s First Black Friday

Local online retailer Shop.com.mm said it has racked up “unprecedented order numbers and sales figures” without releasing any actual sales figures. The Rocket Internet-backed company claimed it got “as many orders as it does in three months during the Black Friday sale.” The first ever Black Friday sales of Myanmar was launched in partnership with […]

Myanmar businesses slow to adapt to improvements in Internet

Our study of the Myanmar industry shows that Myanmar businesses are still lagging behind in the use of Internet technology. We studied 72 audit/accounting firms and 44 law firms in Yangon and were flabbergasted to find that 93% and 68% respectively do not have websites and 70% of them are still using Gmail. Our study […]

India’s Intex Phones Enter Myanmar Market, to be Sold Exclusively Online

Online retailer shop.com.mm has announced the exclusive launch of two Intex smartphones, the first entry of the Indian brand into Myanmar. Aqua Life-II will be available first for pre-orders while Aqua Y2 will be only available online. Currently both the phones are up for pre-orders on the ecommerce website. Mateo Albarracin, managing director of shop.com.mm, […]

Shop.com.mm launches iOS App in Myanmar

A new app for Apple iPhone and iPad users to buy directly from the app – shopping on the go Yangon, May 25th, 2015: shop.com.mm, Myanmar’s leading online shopping mall, has launched its iOS mobile app in the country for Apple iPhone and iPad users. The online shopping app is designed to provide a user-friendly […]

Samsung Launches Official Online Store in Myanmar

South Korean electronics giant Samsung has entered into a partnership with shop.com.mm to become its official online retailer. With this partnership Samsung will have a dedicated “webstore” on shop.com.mm, an online retail website which was launched in 2014 and is backed by Rocket Internet and part of the Asia Pacific Internet Group (APACIG). Stefan Braun, […]

E-commerce market’s slow and steady rise

Rapidly improving internet and connectivity rates are bringing more people online, but changing shoppers’ preferences is still a struggle for online shopping businesses. Companies are crowding in to online shopping in a bid to be Myanmar’s version of Amazon or Alibaba. With all the competition, though, it is increasingly difficult to stand out in an […]