priceza_southeast_Asia

Welcome back from the weekend! Here are today’s top ecommerce news.

1. Amazon is now bigger than most brick and mortar retailers put together

The online retailer alone is worth $356 billion, making it one of the largest companies by market capitalization in the world. Following Amazon’s disruption, US retailers such as JC Penny and Sears took a hit, with decreases in value.

Read the rest of the story here.

 

2. Priceza Research: Consumer behaviour and shopping trends in Southeast Asia

Shopping search engine Priceza has recently published a report on consumer behaviour and popular categories in ecommerce. The report conveyed a steady growth in the volume of shopping search and pricing comparison made from 2015.

Priceza Malaysia, Philippines, Singapore, and Vietnam reported over 7 million sessions during the mentioned period and sees a growth of over 245% from the previous year.

Read the rest of the story here.

3. Catcha Group’s Patrick Grove’s 7 predictions for Southeast Asia

  • Southeast Asia will become a bigger internet market than America
  • This is the year for China
  • Funding will be scarce.

Read Grove’s predictions in detail here.


Want to read more about what Southeast Asia’s ecommerce future could hold? Check out the 11 trends that will shape the region’s landscape here.

 

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