Shopee extends lead over Lazada as top Internet platform in South-east Asia

  • 📰 thenewpaper
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

Singapore Headlines News

Singapore Latest News,Singapore Headlines

E-commerce player Shopee has extended its lead over rival Lazada as the top Internet shopping platform in the region, a report has found. Shopee, which is owned by gaming firm Sea, came in tops with a monthly average of 200.2 million visits via both desktop and mobile...

Lazada came in second in this ranking and was highly active in its Ramadan and Raya sales campaign for Muslim-majority countries such as Indonesia and Malaysia, which helped it secure its runner-up position.

A joint study by Google and Temasek Holdings last year found that its digital economy is poised to triple in size to US$240 billion by 2025. The iPrice report noted that the e-commerce scene in South-east Asia is set to be more competitive as more new companies enter the market and existing players step up their game.

Source: Gaming Daily Report (gamingdailyreport.net)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 7. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Top Knight sets sights on bigger thingsTop Knight, virtually assured of the Champion Three-Year-Old Award, demonstrated that more goodies are up ahead with another scintillating victory at Kranji on Sunday. Fresh from a break after his near-clean sweep of the Singapore Three-Year-Old Challenge series, the...
Source: thenewpaper - 🏆 7. / 63 Read more »

India's central bank unveils $24 bn windfall for governmentIndia's central bank has announced a $24-billion windfall for the cash-strapped government, giving a much-needed boost to Prime Minister Narendra Modi as he seeks to kickstart growth in Asia's third-biggest economy. Ashutosh Datar, an independent economist from Mumbai, agreed, telling AFP: &
Source: YahooSG - 🏆 3. / 71 Read more »