Prospects Improving in E-commerce

Southeast Asia’s internet economy is expected to be worth $50 billion by the end of this year and will likely be worth four times more by 2025, according to a report released last week by Google and Singapore sovereign wealth fund Temasek Holdings. At 330 million, the number of monthly active internet users has risen […]

Support system needed for growth in retail e-commerce

E-commerce has taken the Southeast Asia retail sector by storm, with Indonesia raking in a total of $5.3 billion in retail sales conducted online last year, according to Statista. Retailers in Thailand drew in $3 billion, while in Singapore, Malaysia and Vietnam total retail sales via e-commerce amounted $2 billion dollars over the same period. […]

Myanmar E-Commerce Leader Pushes for Expansion

THOUGH a large percentage of Myanmar’s 53-million population still prefer going out to shop, more than half a million people visit Shop.com.mm, the nation’s leading e-commerce platform, for online shopping on a monthly basis, said its chief. Sumit Jasoria, managing director of Shop.com.mm, said in an exclusive interview that the firm was seeing some good […]