Expectations are high for the Philippine EC market, which is set to grow in the future.
It was a while ago that China’s Alibaba made an additional investment of 210 billion yen in Lazada, which is expanding in Southeast Asia. The most commonly
used EC site in the Philippines is not Amazon Philippines, but Lazada, which has a high EC market share. Next in line to expand its market is Shopee.
Below is a summary of Lazada, OLX, and Shopee.
■Lazada
Founded in 2011 , Lazada boasts a austria whatsapp data large share of the Philippine e-commerce market.
Lazada sells almost every category of products online, from clothing to gadgets and home appliances. Lazada is a leading e-commerce company in Southeast Asia. Lazada
currently operates in the Philippines, Indonesia, Malaysia, Singapore, Thailand, and Vietnam.
■OLX.ph
OLX is an Internet company based in New York, Buenos Aires, Moscow, Beijing, and Mumbai.
OLX’s e-commerce site sells a wide range of products in a variety of categories, from computers and mobile phones to real estate, furniture, beauty, and fashion, as well as jobs, car sales, services, communities, and personal ads.
In addition, users can post classified ads (classified ads) created by users for free on the OLX e-commerce site.
■Shopee.ph
Shopee is a major mobile e-commerce bob ruhlman hr director platform in Southeast Asia and Taiwan.
Launch in December 2015, it has expand to the Philippines, Indonesia, Taiwan, Vietnam, Thailand, Malaysia, and Singapore. It supports six languages and has 1.6 million followers, with popular categories including fashion, beauty, and home and living goods. One feature that is
expect to grow even more in the future for Shopee is its chat function, which allows users to chat with stores.
Thanks to this chat function, users can inquire about detail information about products, be assur that they are not counterfeit, and place orders with peace of mind.
The Potential and Risks of Cross-Border E-Commerce in the Philippines
LAZADA Market Mall is often use by Philippine users when purchasing products through cross-border e-commerce.
For major Japanese companies to achieve results in the Philippine market, it is common to list products on LAZADA, the e-commerce mall with the largest market share in Southeast Asian countries.
Best-selling Japanese products include electronics
(smartphones, tablets), hobbies united kingdom cell number (airline tickets, etc.), fashion-relat items such as clothing and shoes, furniture, food, and cosmetics.
Recently, Japanese mirrorless digital cameras seem to be selling well. This is said to be because they are us to take “eye-catching photos” on Instagram. In 2018, the market record a 10% increase in sales (bas on value) over the previous year.
So, what is the potential of cross-border e-commerce in the Philippines? The following is a summary.