Market Research Report
Asia-Pacific B2C E-Commerce Market 2018
|Published by||yStats.com GmbH & Co. KG||Product code||652167|
|Published||Content info||303 Pages/Charts
Delivery time: 1-2 business days
|Asia-Pacific B2C E-Commerce Market 2018|
|Published: June 11, 2018||Content info: 303 Pages/Charts||
"Over 50% of global online retail sales stems from Asia-Pacific region" says new yStats.com report.
A new publication from Hamburg-based secondary market research firm yStats.com, “Asia-Pacific B2C E-Commerce Market 2018,” indicates that over one half of total global online retail sales happens in the Asia-Pacific region. The report covers sales data, trends, payment preferences of consumers and other pertinent information about eleven economies of the region.
Over 50% of all the online shopping for retail goods and services in the world takes place in the Asia-Pacific region, whose regional leaders, China, Japan, and South Korea are also among the global leaders in B2C E-Commerce. However, the regional growth leaders for the next 5 years are the markets of South and Southeast Asia, such as India, Indonesia, Thailand, Vietnam and the Philippines, according to sources cited in the yStats.com report, as they grow from a recent low percentage of online shopping penetration.
A large part of the continuing growth of online retail throughout the Asia-Pacific region is due to the spread of Internet connectivity through mobile devices, especially smartphones. The yStats.com report says that over three-fourths of E-Commerce in the region is M-Commerce, and merchant apps account for more than half of purchases made through a mobile device.
Because of the success of E-Commerce in the Asia Pacific region, competition among online merchants is intense. The regional leaders are China's Alibaba and JD.com but Amazon is attempting to ride the wave of E-Commerce with expansion in the region. Multiple local and regional players also work the Asia-Pacific online retail market, as revealed in the yStats.com report.
Alibaba Group Holding Ltd, Amazon Seller Services Pvt. Ltd., Amazon.com Inc, Ayala Group, BF Jade E-Service Philippines Inc, Central Group, EZbuy International Pty Ltd, FPT Corporation, Facebook Inc, Flipkart Online Services Pvt. Ltd., GOME Electrical Appliances Holding Ltd, Giosis Group, Globe Telecom Inc, Hotdeal Co. Ltd., Interpark Holdings Corp., JD.com Inc, JG Summit Holdings, Jasper Infotech Pvt. Ltd, Lazada Group SA, Lotte Shopping Co Ltd., Mobile World Group, Myntra Jabong Pvt. Ltd, Naver Corp., PT Bhinneka Mentaridimensi, PT Bukalapak, PT MetraPlasa, PT Tokopedia, PT XL Planet Digital Tbk, Paytm Mobile Solutions Pvt. Ltd., Rakuten Inc, SK Telecom, Sea Ltd, Sendo JSC, Softbank Group Corp, Suning.com Co. Ltd., Taste Central Curators Inc., Ticketmonster Inc., Tiki Corporation, VNG Corporation, Vipshop Holdings Ltd., Walmart Inc., Wemakeprice Inc., Woolworths Group Limited, Yahoo Japan Corp.