DUBLIN, Dec. 31, 2019 /PRNewswire/ — The “Singapore B2C E-Commerce Market 2019″ report has been added to ResearchAndMarkets.com’s offering.

Singapore’s internet connectivity facilitates online shopping

Even though Singapore has a much smaller population than most of its neighbors in the Southeast Asia region, its developed infrastructure and comparatively wealthy residents who engage in online shopping move the nation to the fifth spot in B2C E-Commerce sales ranking. A 2018 survey cited in this publication reflected that better than eight out of ten web-connected Singaporeans shopped and bought online.

Online shopping in Singapore enhanced by mobile and cross-border purchasing trends
As might be expected for a small wealthy nation, a high percentage of online shopping in Singapore is done beyond the island’s borders. The report points to Singapore as having one of the highest cross-border shopping rates in Asia last year. Another trend affecting B2C E-Commerce in Singapore is mobile shopping. Around three-fourths of internet connectivity in 2018 was through a mobile device. Another developing trend is social media shopping.

Singapore is served by local and global E-Commerce merchants
The top three most-visited online shopping websites in Singapore, Qoo10, Lazada, and Shopee, are all based in the country. Qoo10 garnered almost a third of the retail commerce market and recently launched a new marketplace site, allowing smaller merchants to compete for online shoppers. Other popular shopping sites in a survey done early this year referenced in the report include StrawberryNet, EZBuy, Zalora, eBay, and Amazon.

Questions Answered in this Report

Key Topics Covered

1. Management Summary

2. Overview & International Comparisons

3. Trends

4. Sales & Shares

5. Internet Users & Online Shoppers

6. Products

7. Payment

8. Delivery

9. Players

For more information about this report visit https://www.researchandmarkets.com/r/o3rcrv

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SOURCE Research and Markets

 

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