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The only way e-commerce companies could re-enter the business-to-consumer (B2C) market was to earn back consumer trust. Companies like Amazon.com, for example, spent almost a decade, in coordination with the Southeast Asian governments that became more “internet-friendly," to rebuild that trust. [3]
Lazada Group (Chinese: 來贊達; t/a Lazada) is an international e-commerce company and one of the largest e-commerce operators in Southeast Asia, with over 10,000 third-party sellers as of November 2014, and 50 million annual active buyers as of September 2019. [3] [4] [5] [needs update]
Qoo10 is a Southeast Asian e-commerce platform, formerly known as GMarket, headquartered in Singapore. [2] It operates localized online marketplaces across Singapore, Indonesia, Malaysia, mainland China, and Hong Kong, and on one international online marketplace.
However, Carousell's expansion into Taiwan faces competition against headstart companies like Yahoo! and Ruten, which are already settled in the e-commerce market. [14] In April 2019, Carousell acquired OLX Philippines after receiving an investment from Naspers. [15] The company raised $85 million Series C funding in May 2018.
While the size of its retail empire still pales in comparison to Amazon’s stranglehold on 38% of the U.S. e-commerce market, Tadelis said Shein will want to go after the industry leader.
Shopee Pte. Ltd., trading as Shopee, is a Singaporean multinational technology company that specializes in e-commerce.It operates as a subsidiary of Sea Limited.Shopee was founded in 2015 in Singapore, and subsequently expanded its operations to other countries.
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Coupang, Inc. (Korean: 쿠팡) is a US-based technology company headquartered in Seattle, Washington and incorporated under the Delaware General Corporation Law. [4] [5] Founded in 2010 by Bom Kim, the company sells apparel, electronics, toys, food products and other products marketed in South Korea. [6]