“That a complete new base of customers who had not yet experienced online has come and I assume positively not all of them are going to remain.” While bodily retailers have struggled this 12 months, including the closure of iconic department store chain Robinsons in Singapore, e-commerce gamers in Southeast Asia are thriving. 2020 has been a year of accelerated and we imagine that it’s a shift to online life that is broad, deep, and irreversible. Chinese e-commerce giants Alibaba and JD.com set new records by racking up around $115 billion in sales across their shopping websites during the Singles Day occasion in November.
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- “Consumers had been keen to strive new manufacturers and even new classes that they won’t have interacted with.”
- SupermarketsThe grocery store giant has knocked as much as