Four Popular E-commerce Platforms in Singapore
Singapore is quite open to cross-border commerce. In fact, cross-border sales make up more than 50% of e-commerce sales in Singapore. Ecommerce singapore continues to boost with the increasing number of e-commerce users. This soaring popularity has resulted in the establishment and growth of several online marketplaces and e-commerce platforms such as the following:
Two years ago, this e-commerce platform already had 11, 400, 000 monthly traffic. The platform is known for carrying the best brands in women’s products and fashion, particularly Korean products.
Lazada has an estimated 9, 650, 000 monthly traffic, placing it next to Qoo10 in Singapore. However, Lazada leads in e-commerce in most of Southeast Asia. It was founded as a general online store and market in 2011 that lets traders engage in selling their own products.
Carousell started as a mobile platform; however, it now has a desktop version. It has estimated monthly traffic of 4, 450, 000 and lets retailers sell and chat directly with buyers. This marketplace also has a presence in countries such as the Philippines, Taiwan, Malaysia, Hong Kong, Australia, and Indonesia.
The operation of eBay in Singapore used to be mainly consumer-to-consumer. But, today, it provides business-to-consumer sales and special deals.