Lazada leads the E-commerce Battle in Southeast Asia

POOJA SINGH | January 25, 2019

article image
The past year has been a historic one for e-commerce companies in Asia. While Bukalapak became the fourth unicorn of Indonesia, Tokopedia, also based in Indonesia, raised $1.1 billion from Alibaba and SoftBank, and Singapore’s Lazada received an additional US$4 billion. Considering the steep growth, its small wonder that the e-commerce sector is expected to reap in US$102 billion in gross merchandise value by 2025, according to a Google study. A new study by the iPrice Group, a meta-search website with presence across Southeast Asia, where Malaysian consumers can compare prices, specifications and discover products with hundreds of local and regional merchants, conducted a study to find who were the top players in the region by analysing consumer search patterns on Google and total visits on desktop and mobile Web on SimilarWeb on Malaysia’s top e-commerce platforms.

Spotlight

Business Promotion

Business Promotion has an experienced staff of graphic designers, web developers, and search engine specialists. We are proud to offer high-end custom websites and targeted online marketing.

OTHER ARTICLES

NETWORK WITH INDUSTRY LEADERS

Article | July 20, 2020

Thank you to all of our sponsors and partners! Our MPC20 conference is going virtual to keep you safe, but the content is more valuable than ever. As the world battles COVID-19, we turn our eyes toward mobility, risk mitigation, and virtual workplaces. Digital commerce is literally keeping most businesses in business. By registering now, you are guaranteeing your opportunity to hear from experts from many of the world’s largest brands including U.S. Bank, Zelle, Aliaswire, Pinterest, PAID, Heartland, Intel and IBM.

Read More

3 Reasons Why Divante is The Solution To Your eCommerce Software Needs

Article | July 20, 2020

If you own a business, then hiring an eCommerce Software house is vital and will help you to gain a competitive advantage. An excellent eCommerce software house will provide you with software solutions that help you to manage your online business. All around the world, businesses are utilizing eCommerce software to help them with their online stores. Developing an eCommerce platform is not easy and the process is more detailed and elaborate than building a website. However, once eCommerce software has been set-up, users will find it easier to navigate through the platform perform simple tasks such as buying and selling. eCommerce software can help you with: Organizing your online inventory

Read More

U.S. dairy farmers dump milk as pandemic upends food markets

Article | July 20, 2020

Despite strong demand for basic foods like dairy products amid the coronavirus pandemic, the milk supply chain has seen a host of disruptions that are preventing dairy farmers from getting their products to market. Mass closures of restaurants and schools have forced a sudden shift from those wholesale food-service markets to retail grocery stores, creating logistical and packaging nightmares for plants processing milk, butter and cheese. Trucking companies that haul dairy products are scrambling to get enough drivers as some who fear the virus have stopped working. And sales to major dairy export markets have dried up as the food-service sector largely shuts down globally.

Read More

Retail's secret weapon: Order fulfillment optimization

Article | July 20, 2020

The start of a new year is the perfect time to reflect on the past and prepare for the future. While holiday 2019 was another record year for retail sales, brands faced some serious challenges when it came to a shortened shopping window and the ever-growing consumer expectations around timely, accurate, and convenient deliveries (and returns). Some may believe these woes to be behind us now that the holidays are over, but the potential for spikes in product demands remains throughout 2020 leading into next year's holiday season. And if history has shown us anything, it's that now is the time for retailers to implement the right processes and technologies that ensure seamless and positive customer experiences, or risk ongoing negative impacts to the bottom line.

Read More

Spotlight

Business Promotion

Business Promotion has an experienced staff of graphic designers, web developers, and search engine specialists. We are proud to offer high-end custom websites and targeted online marketing.

Events