Singapore’s e-commerce market size is expected to reach SGD$37.5 billion by 2030, growing 8% CAGR from its 2024 estimated value of SGD$22.8billion, according to the 10th edition of the Worldpay® Global Payments Report (GPR).
In what has been a decade of continuous payment innovation, digital wallets accounted for over half (53%) of global...
Retailers are feeling pressure as costs mount, customer expectations rise, and technology gets increasingly complex, according to a report from Salesforce.
At the same time, AI agents, a type of artificial intelligence (AI) that can autonomously take action across business systems, offer a path forward. In fact, three out of four retailers (69%)...
Amazon Global Selling (AGS) has shared the results of a report, The E-commerce Revolution in ASEAN, about the opportunities and challenges faced by micro, small, and medium-sized enterprises (MSMEs) in the ASEAN-6 countries—Singapore, Malaysia, Thailand, Vietnam, Indonesia, and the Philippines—as they navigate the expanding global e-commerce landscape.According to the...
Criteo unveiled key insights from the 2023 Singles' Day sales across Southeast Asia (SEA) and Greater China.
Singles' Day (11/11) presents an enormous opportunity for retailers in these regions to connect with consumers at crucial decision-making moments, build brand loyalty and stand out from the competition.
In 2023, online retail transactions in SEA surged 140%...
The ASEAN Foundation, in collaboration with TikTok Shop, has launched the ASEAN SOAR (Supporting Our Artisans and Retailers) Together program.
This initiative aims to empower 50 selected Micro, Small, and Medium Enterprises (MSMEs) across ASEAN by providing tailored support in digital business that enables them to thrive and stand out in the global economy.
As...
Asia Pacific online shoppers are prioritizing flexible delivery options and free returns when making cross-border purchases, according to key insights from the global DHL eCommerce 2024 Online Shopper Trends Report.
The two chapters – "Cross-border buying" and "Delivery and returns" – share that the region's shoppers continue to buy online...
97% of Shopee affiliates expressed strong interest in supporting local Malaysian sellers, which indicates that these affiliates feel a strong connection to local brands, recognising their unique value, authenticity, and cultural relevance.
A Shopee survey conducted to better understand local sellers’ unique experiences and perspectives found that over 85% of...
Adyen has partnered with Eats365 in a collaboration that will simplify operations for Eats365 merchants and users throughout the supported regions.
Through 365pay, Eats365’s integrated payment solution, food & beverage (F&B) merchants can now access Adyen’s payment offerings, streamlining the entire process from ordering to payment across all channels. This integration...
Offering a deep dive into the evolving Southeast Asian ecommerce landscape, Netcore Cloud released its comprehensive report, "Ecommerce Mindscape SEA 2024." Featuring insights from key industry players, the report provides a roadmap for businesses to thrive in this rapidly growing market, projected to reach $180 billion by 2025.
As Southeast Asia's ecommerce sector witnesses exponential...
Just So Soul Research Institute embarked on a "Double 11 consumption" survey via the social networking platform Soul App. The initiative garnered 3,014 responses, with the Gen Z demographic comprising over 70% of participants.
As the epicenter of social networking for Chinese youth, Soul App has become a hub for...
