July 31, 2012 by Terence LEE
E-commerce in the Asia-Pacific region is already huge, yet the potential for growth is still massive. According to the Asia Digital Marketing Yearbook 2012, the e-commerce market in Asia’s big four — India, Australia, Japan, and China — is expected to almost double to US$497.9B by 2016.
Yet the region’s overall Internet penetration is only at a low 26.2%, well below the global average of 41%. With so much untapped potential, it’s unsurprising that many new startups have arisen to plug the gap.
If you’re a merchant looking to dip your toes into the future of shopping, LiveJournal, Multiply, and eBay are some of the popular platforms to hop onto. But there are actually many other alternatives to consider. Here, we feature three of the newest e-commerce platforms from Singapore. Read more