Chinese companies have begun to dominate Southeast Asia's online shopping market

Chinese companies have begun to dominate Southeast Asia's online shopping market

ByteDance's TikTok Shop and Alibaba's AliExpress are going global — taking large chunks of the overseas e-commerce market, according to Bain and Company.

Chinese e-commerce giants dominate Southeast Asia’s online shopping

Chinese online shopping platforms have taken control of roughly half the internet retail business in multiple Southeast Asian nations, marking a major shift in the region’s digital commerce landscape, according to new findings from consulting firm Bain and Company released Thursday. The report shows that in Indonesia, Thailand and the Philippines, Chinese-owned platforms including Alibaba, TikTok Shop from ByteDance, Shein and Temu from PDD now …

Chinese companies have begun to dominate Southeast Asia’s online shopping market

Alibaba's Taobao is advertising its Singles Day shopping promotions in Singapore.ScreenshotAlibaba and ByteDance's TikTok Shop are just some of the Chinese e-commerce players that have quickly come to dominate around half of the online shopping market in several Southeast Asian countries, consulting firm Bain and Company said in a report Thursday.In Indonesia, Thailand and the…

CP AXTRA & Cainiao drive digital retail innovation in Southeast Asia

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