Southeast Asia’s huge demographic dividend, alongside its rising economy, high investment in the digital economy, and the widespread popularity of mobile devices, have all built a huge market base for cross-border eCommerce in Southeast Asia. As can be seen from our 2023 Southeast Asia eCommerce Outlook, Southeast Asian eCommerce has began to develop rapidly, and …
As previously highlighted in our Free Southeast Asia eCommerce Outlook 2023, Thailand is the second-largest eCommerce market in the Southeast Asia region at an estimated US $24.2 million in online sales revenue, plus a 25.65% YoY growth that makes the country a great market option for foreign brands looking to conduct business in the SEA …
As previously highlighted in our Free Southeast Asia eCommerce Outlook 2023, Vietnam is the fastest-growing eCommerce market in the Southeast Asia region at a YoY revenue growth of 29.35%, and its legislation allows for cross-border selling without the need for a legal entity in the country, making it a very attractive market for businesses to conduct …
As previously highlighted in our Free Southeast Asia eCommerce Outlook 2023, Indonesia is the fourth-largest country by population, and consequently the biggest eCommerce market in the flourishing Southeast Asia online retail economy with an estimated US $68.54 billion in revenue. Furthermore, a young population pyramid plus one of the highest smartphone penetration rates, makes Indonesia …
Southeast Asia is one of the most dynamic economic engines in the Asia-Pacific region. According to Euromonitor’s predictions, by the year 2030, countries like Indonesia, the Philippines, and Vietnam will exhibit stronger economic growth than the entire Asia-Pacific. For the last 2 years, TMO Group has been helping brands–especially in the Health & Dietary Supplement …
As previously highlighted in our Free Southeast Asia eCommerce Outlook 2023, Malaysia exhibits the second-fastest eCommerce growth in the region at +28.3% YoY, with an estimated US $11.65 billion in revenue. Since the Malaysian government currently does not impose strict requirements on the B2C eCommerce industry, cross-border is the fastest entry method and a great …
As previously highlighted in our Free Southeast Asia eCommerce Outlook 2023, The Philippines is the third-largest eCommerce market in the region with US $22.95 billion in revenue which, similarly to neighboring countries, boasts an impressive 28% YoY Growth. With Cross-border selling still being fairly free and loosely regulated–without significant barriers to entry nor high import …
The 4th PIIS Pet Industry Innovation Summit, focusing on content exchanges between pet food and pet product brands and high-quality cross-border decision-makers, was held in Shanghai from January 10 to 12. TMO Group was invited to participate and share data Insights on the Pet eCommerce Market in Southeast Asia, as well as suggestions for brands’ …
Operating a successful eCommerce business in China and ready for your next step? Well, stay close by because the Southeast Asian (SEA) Region is booming. Google and Temasek’s e-Conomy SEA Spotlight 2017 report predicts Southeast Asia’s internet economy will reach USD 200 billion in 2025, a 664% increase from 2015. Online travel, eCommerce, and online …
We published the first version of this article 5 years ago, in 2018. Since then, we have been updating it yearly, following the latest developments in the numbers and ranks of the key players in the online marketplace landscape in South East Asia. Our latest update summarizes the data from June through August 2023. The …