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 …
Direct selling is a business model that involves person-to-person selling. In the Chinese Direct selling market, only single-level sales are allowed, and multi-level marketing, which is recognized in Western markets, is prohibited. In recent years, the traditional direct-selling model has gradually integrated online platforms and social media, bringing new development paths for direct-selling companies. The …
It has been almost 34 years since direct sales entered China in the early 90s. It was a tumultuous journey, with multiple ups and downs–from the legal crackdown and strict legislation on one side to explosive growth and the “Golden Decade” of direct sales on the other. The latest development came in 2019 in the …
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 …
TMO’s China Health Supplements Market Data Pack Series is released in the form of a free monthly downloadable as part of our comprehensive long-term data monitoring and collection services, and contain research data on SKUs, sales volumes, and revenue for major product groups sold on Alibaba’s family of eCommerce platforms (including Taobao, Tmall, Tmall Global, …
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 …
As announced by China’s Ministry of Industry and Information Technology (MIIT), from September 2023, all new apps and mini-programs must obtain an ICP permit in China before they can be listed in App Stores within the country. For existing apps that have already been listed and conduct business in China, the “Notice on the Registration …