E-Commerce Boom
Logistics and payments holding back SEA e-commerce boom: Bain report
While 250 million consumers are now connected via smartphones and 100 million engage in online transactions, e-commerce in SEA is proving to be a tough nut to crack due to constraints in the region’s logistics and payments infrastructure, according to a Bain-Google report.
Lazada claims to be SEA’s No 1 e-commerce player
Lazada Group is claiming a total of US$1.3 billion of annualised GMV across its six SEA markets, saying this makes it the region’s biggest e-commerce player.
