The Asia Pacific, home to 60% of the world’s total population (4.7 billion people), is predicted to exceed the West’s digital economy and is showing potential in cross-border trade. Deloitte’s new report titled ‘Technology-empowered Digital Trade in the Asia Pacific’, predicted that digital trade will catapult the region in the next three years, boosted by…
Ecommerce has become a major disrupter in the retail industry during this pandemic, saving many brands and consumers. In the U.S., consumers spent $204.5 billion online during the 2021 holiday season, an 8.6% increase YoY. The data, released by Adobe, showed shopping was spread over November and December, with the weeks before Thanksgiving up by…
Bangkok (18 January 2022) — aCommerce, Southeast Asia’s leading end-to-end e-commerce platform and solutions provider announced today that it has become the first Shopify Plus partner in Indonesia, Thailand and the Philippines, serving brands across all of Southeast Asia. Brands in the Southeast Asia region now have a reliable, flexible, quick launch, and scaling of…
As Covid19 keeps us indoors in 2022, e-commerce trends and consumer behavior will continue to affect the way businesses can maximize opportunities. Studies show that 60% of our interactions with businesses are now online. Retail e-commerce sales worldwide were expected to jump to $4.921 trillion in 2021, year on year as the number of global…
Spotify is testing a TikTok-style video feed that shows video clips while it streams music, TechCrunch reports. The feature, in Spotify’s beta iOS app, is accessible from a new fourth tab in the navigation bar labeled “Discover.” Users can like individual tracks while scrolling through the feed, while a three-dot menu icon is used to…
Content creators are the new bastions of cultivating consumer relationships, loyalty, and sales, as revealed by a study called “Creators & The New Frontier of Consumer Engagement.” The study, conducted by talent, entertainment, and sports agency UTA, also revealed that 40 percent of more than 1,000 respondents (or 65 million consumers) like paying content creators…
Google’s 2021 Southeast Asia (SEA) e-conomy report said that 8 out of 10 of SEA’s internet users are digital consumers. The e-commerce market is expected to grow between US$ 700 billion and US$ 1 trillion by 2030. With so many shopping apps available, merchants and platforms are fiercely competing. The market demand is not just…
Isolation during the global pandemic has forced consumer packaged goods (CPG) brands to move to an online direct-to-consumer (D2C) model, enabling them to develop individual relationships with consumers and attract new consumers. Even before COVID-19, CPG manufacturers had begun reaching consumers directly to better control pricing, messaging, and distribution. Early adopters are now enjoying the…
The Regional Comprehensive Economic Partnership (RCEP) – a free trade agreement among 15 countries in the Asia Pacific — kicked off on January 1st this year and is expected to further harness the digital economy as the pandemic continues to restrict business operations. A Deloitte report forecast that regional digital trade will further grow in…
The ongoing pandemic and resulting change in consumer behavior are seen to sustain the growth of the medical services, beauty, and e-commerce sectors in Thailand this 2022, according to Thanavath Phonvichai, president of the University of the Thai Chamber of Commerce (UTCC). The expansion in these sectors will be driven by the younger demographic’s demand…
© 2020. All Rights Reserved. aCommerce.