Southeast Asia E-commerce Business Intelligence
January 06, 2018
INTERNET ECONOMY IN SOUTHEAST ASIA ATTAINED $50 BILLION IN 2017 AND ON TRACK TO $200B IN 2025
As hundreds of millions of Southeast Asians come online, the region is well on track to realizing a US$200 billion internet economy by 2025.
According to Google blog post, Southeast Asia’s internet economy growth has exceeded previous growth expectations and is on its way to outpace it by 35 percent. The number of Internet users in the region as of end-2017 is expected to cross 330 million.
The region’s internet economy is set to attain $50 billion in 2017. With more than 70 million new internet users since 2015, Southeast Asia now has the third largest number of internet users in the world. [Read more]
December 12, 2017
March 2017 - Present
Creation of an European Procurement Share Service Center for 1000 Points of Sales of a big Car repair Network.
France & Belgium
April 2017 - Present
Design the 5 years IT orientations which will support a agricultural company's international strategy.
Strategic review for the financial SSC of an agricultural company.
April 2016 - Present
Strategic plan and new Information Systems outlines for the Tunisian postal operator.
Analysis of the market and its players for the Vietnamese mobile business.
January 01, 2018
NATIONWIDE E-PAYMENTS TO PUSH CASHLESS SOCIETY GOAL
As part of Thailand’s aspiration to become a cashless society, the country will soon adopt a new nationwide e-payment method using the so-called QR Code familiar to social media users.
The Bank of Thailand has approved plans by five commercial banks to introduce the QR Code e-payment service – Kasikornbank, Siam Commercial Bank, Bangkok Bank, Krungthai Bank and Government Savings Bank.
The addition of the service is expected to help reduce dependence on cash transactions as more businesses are set to accept the new e-payment method. [Read more]
November 25, 2017
DURIAN PLATFORM IS SET TO LAUNCH
The Electronic Transactions Development Agency (ETDA) is set to launch a digital marketing platform called Dubbed Durian in next June to bolster the local e-commerce ecosystem.
Dubbed Durian, the startup company is a bid to help local e-commerce keep pace with global platforms like YouTube and Facebook. Durian is expected to serve all e-commerce activities via video-sharing websites and social media usage.
The government is fully accelerating digital infrastructure development and integrating different state agencies and private sectors, as well as improving the transformation from physical trading to the global e-commerce marketplace. [Read more]
January 04, 2018
MORE MILLENNIALS SHOPPING ONLINE
More millennials shopped online and used cashless payments for their holiday purchases in the last two months of 2017 due to sale events and promos of digital retailers, according to PayMaya Philippines Inc. data.
PayMaya said the number of unique PayMaya account holders–majority of which belong to the ‘millennial’ category–who transacted online jumped almost three-folds in November to December from the same period last year. The growing use of cashless payment methods in online retail sites show a shift of consumers who use alternatives such as PayMaya for their purchases, despite the availability of cash-on-delivery.
“While mall shopping is still the norm for most Filipinos, we saw a marked increase in online shopping among our mostly millennial user base during the 2017 holiday season,” confirmed Paolo Azzola, Chief Operating Officer and Managing Director at PayMaya Philippines. [Read more]
January 05, 2018
LAZADA COMMITTED TO IMPROVING INDONESIA'S MSMES BUSINESS IN 2018
After a great success in December 2017 in launching the National Online Sales Month (BUJONAS) program for new sellers on the market platform, Lazada again confirmed its commitment to supporting Micro, Small, and Medium-sized Enterprises (MSMEs) in early 2018.
Based on iPrice data released in late 2017 (Q4), and SimilarWeb data from January to November 2017, Lazada proved to be the no. 1 destination of online shopping among Indonesians.
As a serious commitment to Indonesia's MSMEs, Lazada will launch the latest version of Lazada University in the near future. The University will help new and existing sellers to continue to develop capabilities through various training and mentoring. This makes Lazada the best platform for online MSMEs that are expected to contribute to the economy of each region and nationwide. [Read more]
January 05, 2018
11STREET PARTNERS JOCOM TO PUSH ONLINE GROCERY SHOPPING
E-Commerce platform 11street has reinforced its partnership with Just Order Conveniently On Mobile (JOCOM) to make online grocery shopping easier, in line with the anticipated increase in sales traffic during the upcoming Chinese New Year (CNY) celebration.
11street merchandising Vice President Bruce Lim said in a statement that the online grocery shopping outlet saw an increase of more than 35% in its gross merchandising value (GMV) in 2017 compared to the previous year. He said more people are beginning to consider doing their grocery shopping online and the trend is expected to keep growing.
“This motivates us to strengthen our collaboration with JOCOM and become the e-commerce platform that offers a great variety of fresh produce and other frozen goods as food preparation for CNY heightens,” said Lim. [Read more]
January 04, 2018
OCBC BANK LAUNCHES ONE-STOP HOME ADVISORY PORTAL
Home buyers can now get advice and recommendations at an advisory portal set up by OCBC Bank - the first such online service launched by a Singapore bank.
At the OCBC OneAdvisor Home portal, buyers can find out the types of property they can afford with the bank's home affordability tool, which will take in account factors like the down-payment, stamp duty, minimum cash payment as well as legal and agent fees.
Ms Phang Lah Hwa, head of consumer secured lending of OCBC Bank, said the portal was developed with the aim of "demystifying the home buying process and making the financing journey seamless for customers". [Read more]
December 28, 2017
AIG SINGAPORE LAUNCHES ONLINE MOTOR ACCIDENT REPORTING PLATFORM
AIG Singapore has launched an online motor accident reporting platform that allows policyholders to make accident reports and commence the claims process online.
Designed to streamline the customer experience, AIG Singapore said, the platform is the first of its kind to be integrated with the industry accident reporting system, provided through Singapore’s General Insurance Association of Singapore.
Users can access the platform via the AIG Singapore website or mobile application where they will be able to select from pre-loaded accident scenarios and use location pins to determine the exact scene, said AIG, explaining that the platform enables users to document the accident more accurately. [Read more]