It’s impact on Ecommerce and Online shopping
Ecommerce and online shopping have changed the way you shop. Online retailers strive to amaze customers with cost effective same day and superfast one hour deliveries.
Ecommerce market is expected to reach USD88 b by the year 2025 in South East Asia (SEA). It is a Gold rush!
Who is driving this growth – young population (<40) is the key driver. So is the rapidly growing middle class.
SEA retail stores per capita is only 1/3rd of US market (big scope for growth). Moreover, high density urban population and affordable & faster internet connection also contributing to this boom.
Payment and Logistics are considered as supporting pillars. For example, Taobao (China)..,
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