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eCommerce in Southeast Asia sees huge growth in 2017

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 Insights

09-Apr-18 2017 was a big year for e-commerce in Southeast Asia, with a stunning 41% CAGR. Amazon's market entrance, record-breaking sales by Lazada and the increasing capital deployed by Alibaba and Tencent were industry-shaping events in the year. [image: The Startup]

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Singapore leads ASEAN in e-commerce use

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 Insights

31-Jan-18 E-commerce in Singapore comprises 5% of total retail. However, the number is lower in other ASEAN countries: 3% in Indonesia, nearly 2% in Malaysia and Thailand, and 1% in Vietnam and the Philippines. [image: Credit Suisse / Singapore Business Review]

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The rise of QR code payments in ASEAN

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 Insights

15-Jan-18 ASEAN nations are widely expected to adopt QR systems as a leading method of payment. However, they still a long way from emulating China and Japan’s adoption of the codes, as they lack standardisation and acceptance by banks. [image: ASEAN Today]

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