E-commerce player Shopee has extended its lead over rival Lazada as the top Internet shopping platform in the region, a report has found. Shopee, which is owned by gaming firm Sea, came in tops with a monthly average of 200.2 million visits via both desktop and mobile...
Lazada came in second in this ranking and was highly active in its Ramadan and Raya sales campaign for Muslim-majority countries such as Indonesia and Malaysia, which helped it secure its runner-up position.
A joint study by Google and Temasek Holdings last year found that its digital economy is poised to triple in size to US$240 billion by 2025. The iPrice report noted that the e-commerce scene in South-east Asia is set to be more competitive as more new companies enter the market and existing players step up their game.
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