Consumer Economy

E-commerce made up 20% of retail sales in Indonesia last year. Analysts say it could reach up to 40%.

Founders of Chinese tech giants are relinquishing the CEO title in favor of strategic roles behind the scenes. 

RedSeer projects the Indian social commerce sector to become a USD 7 billion opportunity by 2025, contributing up to 5% to the total e-commerce market.

A report by Euromonitor International further forecasted that retail e-commerce sales in the Asia Pacific would nearly double and reach USD 2 trillion in 2025.

Contradictions within the new tax code also make compliance challenging for many businesses.

Shopline has grown to provide services to over 250,000 SMEs in seven markets across Asia, including China, Vietnam, Singapore, Thailand, and Malaysia.

The 153-year-old conglomerate has been acquiring new-age internet companies that align with its vision of creating an online retail empire.

The number of active buyers on Pinduoduo has reached 823.8 million.