One of the largest eCommerce markets in the world today can be found in Indonesia, boasting 43 billion dollars in eCommerce revenue. Over 30 million consumers in this Southeast Asian presidential republic made online purchases through various eCommerce platforms in 2021. Indonesia’s digital economy is an excellent opportunity for online … Read more
Vietnam is growing as a competitive alternative to meet the ever-increasing manufacturing demands of the global market. Multinational corporations are always keen on lessening their reliance on a single source for their supply chain. Vietnam is a good source of supply chain diversification because of its reduced labor prices, proximity … Read more
The Thailand eCommerce landscape continues to be an ideal environment for developing business with the country’s rapidly rising internet user base. Recent research indicates that 48.59 million Thais, or 69.5% of the population, use the Internet. Meanwhile, over 36.6 million people, or 52.3% of the population, use eCommerce. Thailand is … Read more
Expanding your eCommerce operations into Thailand opens up many exciting business opportunities. In 2021, Thailand’s eCommerce generated $8.5 billion in revenues. Every year, eCommerce in Thailand grows, and new businesses are forming. Statista projects the local eCommerce market value to be $20.90bn by the end of 2023. Online platforms are … Read more
Despite the land size, the Philippine population is internet savvy. The Philippines has over 85.16 million internet users and is a rapidly expanding eCommerce region. The Philippine eCommerce sector has experienced tremendous growth, particularly in the last five years. Its use exploded in 2020 as a result of the COVID-19 … Read more
There is an incredible business opportunity to invest in the Philippine eCommerce sector. Almost 86% of Filipinos use the internet to purchase through local eCommerce apps – that’s enough reason to start thinking about shipping to the Philippines. Additionally, there is a market for cross-border eCommerce because of the nation’s … Read more
The western holidays might be over (that’s November and December); however, the holiday season is just ramping up in China. Chinese New Year is less than a month away. If you’ve read our previous article on essential holidays and their shipping season challenges, now’s the time for online retailers and … Read more
Compared to local logistics, cross-border shipping is a complex process as most countries have specific customs regulations. And global shipping is necessary for eCommerce retail companies to have a leg up on the competition. You can expand your market reach internationally and get increased profit margins. That’s why retailers need … Read more
Inventory procurement is a tricky process that becomes even more complex if a retailer chooses a Chinese manufacturer. There is a level of expertise required to transact with overseas suppliers. Between the language barrier and the sheer distance, plenty of things could go wrong at any point in the transaction. … Read more
China has been the world’s top exporter for over a decade. In 2013, the Asian powerhouse became the world’s largest trading nation – finally usurping the United States that held the position for years. While China is the world’s no.1 marketplace, importing goods is as lucrative as exporting Chinese manufactured … Read more
