Can online shopping go on growing unabated to replace physical retail stores?
Judith Balea 4:25 PM at Sep 27, 2017 Sea, one of Southeast Asia’s most valuable internet companies, has released its full IPO prospectus peppered with claims – among them that it’s the top ecommerce player in the region. The company cited data from a Frost & Sullivan report it commissioned, saying that Shopee, its consumer-to-consumer marketplace, was number one in market share in “Greater Southeast Asia” during the first half of 2017 – in terms of GMV (gross merchandise volume) or total value of goods sold, and total orders. It also said that Shopee had about 2.2 times the number of total orders of its closest competitor during the same period, without dropping a name. Those statements did not sit well with Alibaba-owned business-to-customer marketplace operator Lazada, which has for quite sometime asserted its claim to the throne … for more, go to https://www.techinasia.com/lazada-vs-sea-whos-top-ecommerce-player-in-southeast-asia Can online shopping go on growing unaba