As seen on Google & Temasek report, it was predicted the digital sector will be worth $300 billion by the year 2025 and the “dual-speed” in Southeast Asia is seen as a remarkable driver to push the e-commerce sector even further in the internet economy.
This Q3, we have partnered once again with app intelligence and data provider App Annie in providing unique data points such as regional combined results and results on the app performances from both regional and Singapore-specific insights.
Here are Singapore’s most interesting facts from Map of E-commerce Q3 2019:
- Lazada maintains its leading position with the Most Actively Used (MAU) on its mobile app in Singapore, Q3 2019. Meanwhile on its website platform, it recorded 32% web market share which led the company as the most visited platform (desktop and mobile web).
- The SEA-backed e-commerce platform, Shopee, ranked the 3rd most actively used (MAU) and the most downloaded mobile e-commerce shopping app in Singapore. The website garnered a significant increase of web market share by 17%.
- Qoo10 remains as the 2nd most actively used and 3rd most downloaded mobile e-commerce shopping app in the city-state. In terms of total visits, the company garnered a 29% web market share of overall traffic.
- The US-based e-commerce platform Wish, improved to the 3rd most downloaded mobile e-commerce shopping app in the same period.
Read the full report here.