(Image Source: Parcel Monitor)
Asia-Pacific’s e-commerce landscape in 2020 and 2021 was unprecedented, to say the least as the COVID-19 pandemic ravaged some retail categories while bringing benefits to others. As of today, the APAC region is home to one of the largest e-commerce markets in the world despite the decline of the overall retailing industry in recent years.
Against this backdrop, our media partner Parcel Monitor, has compiled a list of the top e-commerce retailers in APAC that are making waves in the industry. The report not only profiles the key players in the market but also discusses the major e-commerce strategies adopted by them to stay competitive in this day and age.
According to EuroMonitor International, China‘s Alibaba Group is the clear frontrunner, with a net income of 47 million yuan. The company has been aggressively expanding its reach into new markets, and is now a key e-commerce player in Southeast Asia and beyond. In second place is Japan’s AEON Group, followed by Suning.com, FamilyMart Uny Holdings and Amazon.
These top players are expected to continue dominating the e-commerce space in the years to come, thanks to their expansive product offerings, global reach and customer-centric strategies. So if you’re looking to stay ahead of the curve in the e-commerce world, be sure to keep an eye on these names.
Check out the full article here to see which other retailers made the list!
About Parcel Monitor
Parcel Monitor is a community initiated by e-commerce logistics enthusiasts at Parcel Perform. We aim to inspire the e-commerce logistics ecosystem to create a better delivery experience for everyone.
Parcel Monitor offers free parcel tracking across 900+ carriers globally on a single platform. Leveraging on our data and technology, we capture consumer trends, provide market visibility and derive industry insights while fostering collaboration across the entire e-commerce industry.