During its first livestreaming session with a crab farm in Singapore, Pang said the portal helped sell live seafood on the spot, registering sales totaling $6,000 in just two hours, in addition to providing an educative and experiential tour of the farm. The broadcast attracted nearly 10,000 views in Southeast Asia. The advent of livestreaming can also be a cross-border opportunity to connect China with Southeast Asia. (PHOTO / XINHUA). Without written authorization from China Daily, such content shall not be republished or used in any form. All rights reserved. This is in sharp contrast to many other industries, which are reeling from the unprecedented economic pressure caused by COVID-19. The global average is 42 percent. Published by Molly Moore, Oct 15, 2020 This statistic presents the value of the e-commerce market in Southeast Asia from 2015 to 2019 and a forecast for 2025. In April, the Guangxi Zhuang autonomous region website reported that Guangxi TUS-Innovation Cross-border E-commerce Co held a livestreaming session on Lazada to sell anti-pandemic products such as face masks and goggles. From a country with Cash-on-Delivery as the main way to pay, joint promotions between banks. This year, the annual Nov 11 buying bonanza came with the e-commerce industry in the region enjoying rapid growth as the contagion and related lockdowns accelerated the digital shift in consumption. Lazada's Bangkok office. Vietnam Ecommerce platform: Who to choose? The same report noted that vis-à-vis the rise of Southeast Asian middle … Shopee, which is based in Singapore, was the most-visited e-commerce platform in the city-state as of the second quarter, the report said. For Rachel Pang, the founder and CEO of online shopping portal Shopavision, increased digital consumption triggered by COVID-19 resulted in a "surprising opportunity" for her startup, which aims to be Singapore's first and only livestream-focused shopping site. However, she said the region faces a number of challenges in developing e-commerce, ranging from the lack of a logistics and payment infrastructure to numerous consumer preferences, as well as cross-border concerns. But until last year, Pang said nine out of 10 people she spoke to in Singapore were still unfamiliar with livestreaming. E-commerce surges across Southeast Asia. In Indonesia, management consultancy RedSeer forecast that the gross merchandise value, or GMV, of the country's e-commerce sector would grow by 50 percent year-on-year to reach US$35 billion this year and would rise to US$101 billion by 2025. The number of Internet users in Southeast Asia, and particularly in the 6 largest ASEAN … "We are definitely interested in collaborating with Chinese partners and have lots to learn from them," she said. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily. It is expected to see in Vietnam digital landscape in 2020, a potential increase in international funding, investment of outsources inducting business in Vietnam. We deliver our services by aggregating and operating a one-stop value chain of logistic professions including: International shipping, customs clearance, warehousing, connection to local marketplaces, pick and pack, last-mile delivery, local payment collection and oversea remittance. On its way to becoming Thailand's first unicorn-a startup valued at more than US$1 billion-aCommerce operates across Southeast Asia in markets such as Indonesia, Malaysia and Singapore. Home food deliveries and entertainment among the leading sectors. Liu said,"E-commerce is projected to grow to $300 billion by 2025, but has a penetration rate of less than 5 per cent among the 650 million people living in Southeast Asia." E-COMMERCE DELIVERY OVERVIEW IN SOUTHEAST ASIA The first half of 2020 has been a rollercoaster ride for global and regional e-commerce logistics, setting off supply and demand shocks throughout the industry. "Livestream commerce can work here (in Singapore), just like it did in China.". The e-commerce market in South East Asia is a $100 billion market today and could grow to $300 billion by 2025, according to Mashable.com. Due to the COVID-19 pandemic this year, the e-commerce sector in Southeast Asia has grown substantially. October 1, 2020 An increasing number of internet users in Southeast Asia frequently order products on e-commerce platforms, with e-commerce revenue estimated to exceed 20 billion in 2020. –> Read more: Why Vietnam Is Your Next E-Commerce Stop. Liu said, "E-commerce is projected to grow to $300 billion by 2025, but has a penetration rate of less than 5 percent among the 650 million people living in Southeast Asia." Leading international online marketplace Lazada made the most of the Singles Day shopping extravaganza this month, cashing in on the e-commerce boom in Southeast Asia during the pandemic. Shippit secures investment to support South-East Asia expansion Dec 7, 2020 | E-Commerce , Retail | 0 Australian e-commerce and logistics technology company Shippit has raised an AU$30 million (US$22 million) Series B equity round led by US-based technology investment firm Tiger Global alongside local representative Jason Lenga. 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