>>> Read more: The landscape of eCommerce in Vietnam in 2020, >>> Read more: [Infographic] Vietnam’s E-commerce landscape 202. Consumers in emerging Southeast Asian markets are conducting more brand research on social media, according to a report by the agency We Are Social, which is based in London, and Hootsuite, a social media management platform. With livestreaming on social media platforms such as Facebook becoming more common, she added that such broadcasts have the potential to drive marketing and sales. The advancing of e-commerce onto mobile applications has been on-going in Southeast Asia for some time. 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." A mobile phone user browses the Shopavision site. Stepping forward with the breakthrough technology development in recent years, Vietnam e-commerce has become a bright spot in Southeast Asia, Boxme Global would like to express our sincerest thanks to. And 2020 could bring a modest growth and stable prerequisites for eCommerce. "Over the past four years, I've seen the growth of livestream commerce, as well as the new retail concept in China," said Pang, an observer of digital and business trends and a frequent traveler to China for market research. 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." –> Read more: Why Vietnam Is Your Next E-Commerce Stop. On Nov 11 this year, Lazada even invited South Korean actor Lee Minho to be its first regional ambassador. "Livestream commerce can work here (in Singapore), just like it did in China.". Business across the entire value chain, from supply chain, logistics, marketing and customer service to e-commerce enablers, is growing significantly," Srivorakul said. More than 40 livestreaming shows were held during the three-month pre-launch marketing period, Pang said, generating over 400,000 views, more than $50,000 in sales and reaching 2 million people. 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. Boxme Announcement: New Fulfillment Center In Hanoi, Vietnam. Vietnam digital landscape in 2020 is looking forward for E-commerce players and E-wallet companies to push online shoppers towards online payment methods. Shopee’s mobile-first approach paid out. The company is just one of many in the region's e-commerce industry to benefit from the pandemic. E-commerce surges across Southeast Asia. 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. As Parcel Monitor, we witnessed a spike in e-commerce demand particularly during the initial wave of the COVID-19 pandemic. Covid-19 and lockdown boost e-commerce in Southeast Asia. Here is a peek at all aspects of Vietnam digital landscape in 2020, presented to you by Boxme Global. According to the Zalora Trender report “Data Meets Fashion”, not only is the e-commerce … Lazada's Liu said that even before the pandemic started, Southeast Asia was undergoing rapid digitalization, and the contagion has accelerated this trend. Shopee, the latecomer as an eCommerce platform, made a great advent in 2015. Monday, November 30, 2020, 12:28 By Yang Han in Hong Kong. Please click in the upper right corner to open it in your browser ! Vietnam digital landscape in 2020 is looking forward for E-commerce players and E-wallet companies to push online shoppers towards online payment methods. 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. This is in sharp contrast to many other industries, which are reeling from the unprecedented economic pressure caused by COVID-19. Chinese e-commerce giant JD.com will be the first online platform to accept the digital yuan. In Vietnam, 76 percent of consumers said they had done more shopping online in recent months, according to a survey by digital marketing company Criteo. Vietnam is quick to catch on the E-commerce trends, expanding at an unprecedented rate, Vietnam eCommerce is heading for the period 2021 – 2025, The landscape of eCommerce in Vietnam in 2020, [Infographic] Vietnam’s E-commerce landscape 202, How to increase sales in Shopee with these 3 features. The information is gathered from various sources. The platform now has a team of 30 livestream hosts. >>> Read more: Vietnam eCommerce is heading for the period 2021 – 2025. It is expected to see in Vietnam digital landscape in 2020, a potential increase in international funding, investment of outsources inducting business in Vietnam. The broadcast attracted nearly 10,000 views in Southeast Asia. The Asia eCommerce Awards 2020 recognise and reward excellence for both brands and agencies in their eCommerce efforts across Southeast Asia, South Asia and ANZ regions. Women in Southeast Asia contribute to 80% of all household buys, outshopping men by 20%, and spending 40% more time looking at online retailers, says a report from e-retailer Zalora. As one of the fastest-growing countries, Vietnam is quick to catch on the E-commerce trends, expanding at an unprecedented rate. The biggest gains－57 percent and 51 percent respectively－were made in the Philippines and Singapore, according to the report, which was produced in collaboration with SimilarWeb and App Annie. The feature has taken off rapidly in China and all over Asia by providing entertainment and the interactive element that online shopping lacks, growing to be a USD 16.3 billion market in 2020. 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. Data from we are social & hootsuite throughout the years indicated a stable growth for Vietnam E-commerce sector, from the number of users to total value. Li is no stranger to Southeast Asia’s e-commerce landscape – and the opportunities it presents – having previously served as president of Lazada as well as CEO of Lazada Indonesia. In June, Lazada's livestreaming service LazLive attracted more than 74 million views, nearly three times the number for April, Liu said. PC/Laptop remains the most used device because of its working capacity. Southeast Asia is currently a very attractive market for companies involved globally in the e-commerce sector and smaller local players. Particularly, digital eCommerce of Vietnam witness a huge fluctuation in growth rate, online users, social platforms,.. Pang, from Shopavision, who is eager to expand to other Southeast Asian markets such as Malaysia, Indonesia and Thailand, said she hopes to make livestream commerce an integral part of people's lifestyles in the region, as is the case in China. Southeast Asian Map of E-commerce Consumer Insights October 19, 2020 digitalinasia Leave a comment This latest online retail overview from iPrice compares Southeast Asia’s major e-commerce players based on their average quarterly traffic, mobile application ranking and also looks at general market trends. She added that this presents huge opportunities for e-commerce companies. "The significant spike in online traffic and e-commerce continues. Shopavision started its pre-launch marketing in December and is due to officially introduce its app before the end of this year. (PHOTO / CHINA NEWS SERVICE). Automotive e-commerce platform Carsome has announced the completion of its Series D fundraising in the amount of $30 million, led by Asia Partners, and joined by existing Carsome investors Burda Principal Investments and Ondine Capital.With over US$115mn raised to date, Carsome now looks to accelerate its regional expansion in Southeast Asia. The way in which e-commerce is conducted has also diversified, Srivorakul said. © Copyright 2020 BOXME GLOBAL. (PHOTO / CHINA NEWS SERVICE) The region's e-commerce GMV grew by 23 percent annually from 2018 to this year, faster than China's compound annual growth rate during the same period, the report said. Srivorakul, from aCommerce, said logistics infrastructure in markets such as the Philippines and Indonesia is still in its infancy and is expensive. 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. >>> Read more: The landscape of eCommerce in Vietnam … 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. Reaching 68.17 million by the end of 2019, it poses an Internet penetration rate of 70%. 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. He was originally seconded to Lazada three years ago to overhaul the company’s technological infrastructure in an initiative dubbed, “Project Voyager.” Vietnam Ecommerce platform: Who to choose? A livestreaming hostess promotes products during a broadcast at a studio in Shanghai. "The number of online shoppers has hit a new high (during the pandemic)," she said. All rights reserved. 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. (PHOTO PROVIDED TO CHINA DAILY). 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. A retail channel crucial for sales growth is e-commerce, which is why the company has decided to branch into this space after 37 years of providing door-to-door sales service. Facebook is still the mainstream online platform for people not only interact with each other but also conduct online business, online shopping there. –> Read more: Social Media Is Still A Major Shopping Platform In Vietnam. 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. Southeast Asia's e-commerce industry has seen rapid growth in recent years, and leading the momentum is Lazada, Alibaba Group's flagship online marketplace in the region. "Offline shopping will definitely grow back when the pandemic ends, but consumers will not forget the experience they have when doing their shopping online," Srivorakul said. On the other hand, mobile usage and social media usage is on the rise compared to statistics from previous years. Showing up latest to the party doesn’t stop Shopee from dominating the market due to its heavy promotions and competent logistics support. As of Q2, 2020, the top e-commerce platforms in Southeast Asia are Shopee and Lazada.. At a turning point in terms of Internet and mobile penetration, the population of Southeast Asia is quickly adapting its behaviors to take advantage of new opportunities available in purchasing products and services online. Pulmuone Health & Living Naver Smart Store, Pulmuone‘s official online shopping site, is one of the websites where the products are sold. The global average is 42 percent. Tencent Holdings Ltd. and e-commerce powerhouse Alibaba Group Holding Ltd. Shares of Sea are up more than 300% this year, boosting Li’s net worth to more than $9 billion . For eCommerce, even if the consumer confidence is slightly weakened, the longer-term outlook for Southeast Asia is still good. Lazada's Bangkok office. By 2019, major e-commerce companies across the region has launched new features and promotions to introduce mobile shopping. Jessica Liu, co-president and regional head of commercial at Lazada Group, said that in the second quarter of this year, orders on Laz-Mall, Lazada's business-to-customer virtual shopping platform, more than tripled year-on-year. 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. After a slow 2017, 2018 and 2019, saw rising numbers in both the number of deals and the total amount. "We are definitely interested in collaborating with Chinese partners and have lots to learn from them," she said. October 1, 2020 –> Read more: Top E-Commerce Platforms In Vietnam To Sell Cross-Border. Alibaba invested in Lazada in 2016 and acquired control of the company. Shopee started Shopee Feed, a social feature on its app at the beginning of 2020. Television hostess Rungnapa Nuymuang promotes Chinese products by livestreaming on the Lazada platform in Bangkok, Thailand. 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. Without written authorization from China Daily, such content shall not be republished or used in any form. (PHOTO / XINHUA). She added that this presents huge opportunities for e-commerce companies. Due to the COVID-19 pandemic this year, the e-commerce sector in Southeast Asia has grown substantially. The same report noted that vis-à-vis the rise of Southeast Asian middle … As digital marketing is a large part of e-commerce, he said surging demand for online shopping has created several opportunities for such businesses to acquire new customers more easily. Shipping logistics platform Shippit today nabbed AU$30 million (approximately $22 million), bringing its total raised to over $31 million. Many well-known department stores and malls, including Metro and Robinsons in Singapore and the Siam Center in Thailand, have also hopped on the digital bandwagon to help their tenants set up virtual storefronts through Lazada's platform. This has stated the popularity as well as users density of Facebook in Vietnamese people’s favour. The total turnover reached 105 billion for this year. "Brands are not only doing it on e-marketplaces, but on 'brand.com'as well, where we can see volume growing two to three times faster than on e-marketplaces," he said. 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