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Tag: shopee

  • Shopee launching premium portal Shopee launches Shopee Premium, an exclusive destination for premium brands to connect with digital-first shoppers

    Shopee launching premium portal Shopee launches Shopee Premium, an exclusive destination for premium brands to connect with digital-first shoppers

    Shopee’s press release said the Mall offers 100 percent authenticity guarantee, free shipping and 15 days return on all products, with an additional wave of unbeatable deals and promotions during the grand launch.

    Shopee, the leading e-commerce platform in Southeast Asia and Taiwan, has officially launched ‘Shopee Mall’, a new dedicated portal featuring thousands of products sold by leading brands and Shopee’s top sellers, revealed the press statement.

    The Mall will give users direct access to a variety of prominent brands such as Loreal, Unilever, Huawei, Nestle, Phillips and many more. All products on Shopee Mall come with 15 Days Return Policy, 100 percent Authenticity Guarantee, and Free Shipping nationwide.

    Terence Pang, chief operating officer of Shopee said that following the tremendous growth of Shopee Thailand in the recent years, it has taken a major step to officially launch Shopee Mall as a way to cement our position as the one-stop-shopping platform of choice in the market, and also to expand and diversify our product assortment to cater to users all across Thailand.

    “Moving forward, Shopee will continue to establish more strategic partnerships with leading brands, and to work closely with them to further provide an unprecedented choice of products and services to enhance users’ overall shopping experience, and to drive forward the growth of Thailand’s e-commerce industry.”

    The Mall was conceptualized to solve shoppers’ concerns about product authenticity, which is a major concern among buyers when shopping online. The newly launched portal caters to the demands of Thai shoppers where they can shop for their favorite brands and products from the brand owners themselves.

    Additionally, with more Thai brands embracing e-commerce, Shopee Mall provides a platform for traditional brands and retailers to tap on to expand their digital presence, according to the statement.

    This reflects Shopee’s commitment to constantly innovating and enhancing its platform, features, and services to adapt to the rapidly-changing e-commerce scene and consequently, the needs of users.

    To identify the product listings, shoppers can look out for the distinctive red ‘Mall’ label while browsing. Shopee ensures a premium online shopping experience with the following benefits:

    15 Days Return Policy: Shoppers can enjoy hassle-free returns within 15 days at zero cost for all Shopee Mall products.

    100% Authenticity Guarantee: Serves to eliminate buyer concerns about product authenticity. Any shopper who receives a counterfeit product when purchasing from Shopee Mall is entitled to a 200% refund.

    Free Shipping nationwide: Shoppers can enjoy greater cost savings with free shipping nationwide on every order, subject to a minimum spend of 200 baht.

    Get ready for a series of super deals and promotions during Shopee Mall Grand Launch

    During Shopee Mall Grand Launch campaign happening from 5 to 11 March, users can look forward to endless irresistible deals including multiple daily flash sales, discounts of up to 80% off, surprise voucher codes and up to 12% Shopee coins cashback across all product categories on Shopee.

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  • Miniso sees positive and steady development in Vietnam market

    Miniso sees positive and steady development in Vietnam market

    Chinese discount retailer Miniso has opened more than 40 stores in Vietnam, four years since it launched in the market.

    Miniso entered Vietnam with its first store in Hanoi in 2016. Since then, the brand has been the local’s favorite destination for discount merchandise. Miniso now has more than 700,000 fans following its Facebook account.

    Miniso operates in key cities in the country and has a presence at major shopping malls including Aeon, Lotte, and Vincom.

    During the early stages of entering Vietnam, Miniso showed its understanding of the market by choosing local top star Son Tung M-TP as a brand ambassador. The brand also teamed with well-known Vietnamese host Sam to launch a beauty line called Sam Skin and Makeup.

    “The Vietnamese market has always shown great potential for development,” the company said in a statement. “Even under the epidemic, the market’s increasing demand for consumer experience and cost-effective products have made Miniso very confident in the future development of the Vietnamese market.”

    Miniso has not only joined several e-commerce channels, including Shopee, Lazada, and Tiki, but also created Shopify to provide “a barrier-free shopping environment”.

  • Shopee Malaysia starts selling Covid-19 test kits

    Shopee Malaysia starts selling Covid-19 test kits

    Malaysian online medical service DoctorOnCall has entered into a partnership with Shopee Malaysia to sell Covid-19 tests online.

    The rRT-PCR tests will be available for purchase at Shopee’s DoctorOnCall store, where customers will also be able to buy vouchers for home-delivered medication. In the coming months, Shopee will work with DoctorOnCall to extend usage of the vouchers to book online consultations.

    The partners will inaugurate the service with a health education and awareness series on the platform’s in-app live streaming feature Shopee Live, beginning tomorrow with a talk on Covid-19 and the various testing options by Qualitas Medical Group, including a home-visit screening program designed by Qualitas in collaboration with DoctorOnCall.

    “DoctorOnCall’s decision to expand its digital reach and offer more Malaysians the accessibility to healthcare services especially during this difficult time is commendable,” said Shopee’s regional MD Ian Ho.

    “At the same time, by leveraging our technology and marketing tools such as Shopee Live, DoctorOnCall is able to bring curated content to viewers at home, educating and creating awareness on the importance of hygiene as well as ideas on having a healthy Ramadan. This is what people need right now.”

    “We believe that DoctorOnCall is the first medical platform to collaborate with a digital marketplace and allow access for Shopee Malaysia’s extensive customer base to digital health seamlessly,” said DoctorOnCall’s COO Chiak Tang.

    “In conjunction with this collaboration, we will also initiate a health education series specifically for Shopee users. We pride ourselves as the leading provider of health-related content in Malaysia and are pleased to work with Shopee and our partners, on this educational initiative to reach a greater audience.”

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  • Shopee starts selling fresh foods online in Malaysia

    Shopee starts selling fresh foods online in Malaysia

    Shopee Malaysia has launched a fresh food grocery delivery service, including vegetables, seafood, and poultry.

    Ian Ho, regional MD of Shopee, says Malaysia’s e-commerce market is in a hyper-growth stage. “For us, that means it is not time to slow down. We are identifying more areas to tap into, such as the fresh segment, to create a more dynamic online shopping and selling environment. We aim to empower and drive inclusive economic growth by working directly with fishermen and farmers in rural Malaysia for this project,” he said.

    Fresh foods will initially be available in the Klang Valley area of Greater Kuala Lumpur in a pilot program before Shopee Malaysia rolls the service out nationwide.

    The e-commerce company is partnering with local brands including Fresh Tap and Fish Club, the latter of which will sell fish from Pontian fishing village, vacuum-packed and blast frozen immediately after scaling and filleting to maintain freshness.

    Orders from Fresh Tap and Fish Club bought via Shopee Malaysia will be delivered within one to three days.

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  • Sasa joins Shopee in Singapore after closing its physical stores

    Sasa joins Shopee in Singapore after closing its physical stores

    Hong Kong-headquartered cosmetics retailer Sa Sa International has relaunched its presence in Singapore with an exclusive online partnership with e-commerce platform Shopee.

    Following the firm’s exit from the territory, last year and the closure of all its Singapore outlets, the new Sasa official store on Shopee Singapore aims to tap the platform’s extensive user base to reach a wider audience.

    “The launch of the Sasa official store will allow us to bring a greater variety of beauty products and tools to a wider audience,” said Sa Sa International chairman and CEO Dr Simon Kwok. “This will enable us to effectively drive sales growth and lay a solid foundation for the development of our new retail model. We look forward to strengthening our e-commerce business further and are positive that working with Shopee will allow us to achieve success in the near future.”

    The strategic partnership will enable Shopee to drive growth in one of its top-performing categories – Beauty & Personal Care – by providing a broad assortment of Sasa’s products on the platform. The range will be discounted through to March 1 as part of Shopee’s Brands Festival.

    “Shopee is committed to helping our brands and retail partners unlock their full potential,” said Shopee CCO Zhou Junjie. “This campaign is another step forward for us in bringing our users the most popular and exciting products from their favorite brands.”

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  • Sa Sa teams up with Shopee to revitalise its onlineretail strategy, strengthens presence in Singapore

    Sa Sa teams up with Shopee to revitalise its onlineretail strategy, strengthens presence in Singapore

    Shopee, the leading e-commerce platform in Southeast Asia and Taiwan, has announced its partnership with Sa Sa Dot Com Limited (“Sa Sa”), a subsidiary of Sa Sa International Holdings Limited. The Shopee-exclusive Sasa Official Store launched on Shopee Mall in Singapore yesterday, marking the start of Shopee Brands Festival – an 11-day long campaign featuring a host of exciting sales, deals, and promotions.

    With the launch of the Sasa Official Store on Shopee in Singapore, Sa Sa aims to not only strengthen its online presence, but also tap on Shopee’s extensive user base to reach a wider audience. The strategic partnership between both brands will enable Shopee to drive greater growth in one of its top-performing categories, Beauty & Personal Care, by providing users access to a greater assortment of products on the platform. This includes luxe beauty products such as the SK-II Facial Treatment Essence, Lancome Youth Activating Concentrate, and Shiseido Ultimune Power Infusing Concentrate.

    Dr Simon Kwok, SBS, JP, Chairman and Chief Executive Officer, Sa Sa International Holdings Limited, said “We are excited to boost our online retail strategy through this partnership with Shopee, the leading e-commerce platform in the region. The launch of the Sasa Official Store will allow us to bring a greater variety of beauty products and tools to a wider audience. This will enable us to effectively drive sales growth and lay a solid foundation for the development of our new retail model. We look forward to strengthening our e-commerce business further and are positive that working with Shopee will allow us to achieve success in the near future.”

    Zhou Junjie, Chief Commercial Officer, Shopee, said “Shopee is committed to helping our brands and retail partners unlock their full potential, and Shopee Brands Festival demonstrates our dedication to empowering new and existing brands on our platform. This campaign is another step forward for us in bringing our users the most popular and exciting products from their favorite brands. We look forward to working closely with Sa Sa, starting with the launch of its Shopee-exclusive store.”

    The Sasa Official Store launched exclusively on Shopee yesterday. Users can look forward to deals of up to 60% off all Sasa products storewide, vouchers, and more during Shopee Brands Festival.

    Running from 20 February to 1 March 2020, Shopee Brands Festival will give users access to a variety of exciting deals, promotions, and sales across a host of popular brands including Bose, 3M, Colgate, Enfagrow, and more. In Singapore, the campaign will feature more than a week of super promotions, with key highlights including:

    • 10 back-to-back Super Brand Days with exclusive deals and product launches across leading brands

    • Lowest Price Guaranteed on products such as the Apple MacBook Air 13-inch, SK-II Facial Treatment Essence, Dyson Supersonic Hair Dryer, and more

    • A chance to win up to 80,000 Shopee Coins with Shopee Shake, which will run twice daily from 21 February to 1 March

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  • Shopee Joins Hands With SUTD To Nurture Singapore’sTech Talent Pipeline

    Shopee Joins Hands With SUTD To Nurture Singapore’sTech Talent Pipeline

    The Singapore University of Technology and Design (SUTD) and Shopee, the e-commerce arm of Sea, announced that they will join hands to nurture Singapore’s tech talent pipeline. SUTD will look to leverage Shopee’s industry expertise, regional presence, and ecosystem to create new opportunities for SUTD students.

    The partnership will comprise two parts:

    1. Shopee-SUTD Scholarship: To provide financially disadvantaged students with the opportunity to pursue an education in technology and design.

    2. Shopee-SUTD Industry Collaboration Dialogues: To explore further opportunities for Shopee to broaden its support for SUTD’s capacity building initiatives for tech talent in Singapore.

    (L-R) Prof Chong Tow Chong, President of SUTD and Gang Ye, Group Chief Operating Officer of Sea at the Shopee-SUTD Scholarship Gift Ceremony on 23 January, 2020.

    The Shopee-SUTD scholarships will provide a total of four financially disadvantaged Singaporean students with full, four-year scholarships that will cover their tuition fees and study-related expenses. The scholarships will be awarded across four years, starting from the Academic Year 2020 intake. Each scholarship will be worth $15,000 annually and will not require recipients to undertake any service orbond requirements.

    The Shopee-SUTD Industry Collaboration Dialogues will see Shopee and SUTD explore additional avenues for industry-university collaboration by combining Shopee’s industry know-how, regional presence, and ecosystem together with SUTD’s educational expertise.

    These build on Shopee’s ongoing initiatives with SUTD, which include internship programmes and knowledge-sharing sessions, as well as project sponsorships – most recently, Shopee sponsored Team SUTD’s participation at the Autonomous Aerial Vehicle Challenge (AAVC) 2020 in Chumphon, Thailand.

    Gang Ye, Group Chief Operating Officer of Sea, said, “Shopee is always looking for new ways to better the lives of people – whether it is by building communities, helping entrepreneurs get started, or creating valuable learning opportunities for our leaders of tomorrow. Together with SUTD, we want to do our part to shape the future of Singapore.”

    Prof Chong Tow Chong, President of SUTD, said, “SUTD is grateful to donors like Shopee, who understand the important role education plays in lifting families out of financially difficult circumstances, and whose generosity help ensure that all deserving students with financial need have equal opportunities to pursue a high-quality education.”

    Shopee’s partnership with SUTD is part of Sea’s “10 in 10” initiative, which aims to provide at least 10 million people across the region with the skills and training they need to succeed in the digital economy over the next decade.

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  • Shopee to focus on growing market share in SEA

    Shopee to focus on growing market share in SEA

    Singaporean online shopping business Shopee is aiming to boost its market share in Southeast Asia.

    The firm is targeting an expected exponential increase in the number of online shoppers in the region, according to a recent interview published in Yahoo Finance Singapore with Shopee’s CCO Zhou Junjie.

    “We believe that there should be a lot more growth potential in Southeast Asia so we should focus our effort and resources in this region,” said Zhou in the interview. “Whereas the e-commerce industry in China is more mature, Southeast Asia markets are still at the very beginning stage.”

    E-commerce in the region is projected to pass US$150 billion by 2025, nearly four times the current levels.

    “Our priority is to grow the market share,” said Zhou. “We will continue to invest to make sure that we strengthen our lead position, we want to make sure that we grow faster than others.”

    Beyond Singapore, Shopee operates in Thailand, Malaysia, Vietnam, the Philippines, Indonesia and Taiwan.

  • Shopee beats its own records for 9.9 Super Shopping Day

    Shopee beats its own records for 9.9 Super Shopping Day

    Southeast Asian/Taiwanese e-commerce platform Shopee has concluded its most successful 9.9 Super Shopping Day yet.

    Shopee says it achieved its best-ever September 9 performance in the region, highlighted by three times the number of orders compared to last year; a peak sales volume of 187,606 items within one minute, and more than 113 million deals offered.

    Shopee’s in-app features attracted users throughout the entire 9.9 Super Shopping Day period. Users had tuned in to Shopee Live daily to check an upsized live streaming calendar, which garnered 50 million views in total. In addition, Shopee’s collection of in-app games, including Shopee Shake and Shopee Quiz, were played millions of times.

    “9.9 Super Shopping Day has exceeded all expectations,” said Shopee chief commercial officer Zhou Junjie. “We are thankful for the incredible support as we capped off a truly memorable day on 9 September. This year, we hit new milestones as more brands, sellers, and partners joined Shopee for our signature shopping event. We are proud to see 9.9 Super Shopping Day become a key date in our region’s online shopping calendar.”

    Shopee partnered with brand ambassador Cristiano Ronaldo, whose first commercial with Shopee scored 35 million views online to date.

    On August 28, Shopee Live brought users to Italy for an exclusive live stream with Ronaldo. The football icon tackled various questions from fans in the region and even delivered a special performance of the “Shopee Dance”. During the countdown to 9.9 Super Shopping Day on 8 September, Shopee users also had access to an exclusive interview with Cristiano Ronaldo on Shopee Live.

    Top-performing brands saw an average of 286-times increase in traffic and 339-times growth in sales compared to a usual day. The following trends observed in Singapore:

    Most popular brands: JBL, Innisfree, Houze

    Top categories: Fashion, mobile & gadgets, beauty & personal care

    Best-selling items: Line Friends EZ-charm (Shopee exclusive), Colgate brand box, Apple AirPods 2

    Top male products: Colgate Brand Box, Apple Airpods 2, Line Friends EX-charm (Shopee exclusive)

    Top female products: Line Friends EZ-charm (Shopee exclusive), Sensodyne brand box, Jeju wet wipes

    Hottest keywords: “Airpods Case”, “Weighing Scale”, “Women’s Tops”, “Nintendo Switch” and “Innisfree”

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  • Shopee opens headquarters in Singapore

    Shopee opens headquarters in Singapore

    Southeast Asian e-commerce platform Shopee will open its new regional headquarters in Singapore at Kent Ridge.

    The firm characterized the move as a reflection of the homegrown company’s commitment to invest and innovate in Singapore and the region.

    “Shopee’s rapid growth since its inception and their new headquarters here is a testament to the strength and vibrancy of Singapore’s technology ecosystem,” said Digital Industry Singapore spokesperson Kiren Kumar. “We’re heartened by their commitment to build a strong pool of tech talent, not just for their own needs, but also for the larger ecosystem here. We look forward to Shopee’s contribution to Singapore’s growing digital economy, as they continue to innovate and expand their footprint in the region using Singapore as a springboard.”

    Shopee’s new headquarters spans 244,000sqft and will be able to accommodate up to 3000 employees, contributing to its established presence in seven markets across Southeast Asia. The purpose-built space boasts a host of features to facilitate a more collaborative and creative working environment, including a marketing studio where Shopee Live and Shopee Quiz are filmed, a gym and a fun zone for employees.

    In less than four years, Shopee has become the leading e-commerce platform in Southeast Asia and Taiwan. In the second quarter of this year, Shopee achieved 246.3 million orders regionally and recorded a gross merchandise volume of US$3.8 billion. According to a report by App Annie, Shopee was the number one shopping app in Southeast Asia by average monthly active users in the second quarter.

    “Shopee has grown from a start-up to the region’s leading e-commerce platform in less than four years,” said Shopee’s chief commercial officer Zhou Junjie. “Singapore has been our headquarters, even when we were just 10 employees strong. This new office marks our rapid growth so far and sets the stage for us to solidify our leadership position.”

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  • Shopee app Singapore’s most downloaded

    Shopee app Singapore’s most downloaded

    The Shopee app has emerged as Singapore’s most downloaded shopping app.

    The Sea company platform had 2.8 million visitors per month on average during the second quarter, with an 11 percent increase compared to the previous quarter. It is currently the most-used app of its kind throughout the whole of Southeast Asia, while rival firm Lazada remains the most actively used e-commerce app within Singapore itself.

    “Apps by Alibaba such as Taobao and AliExpress remained prominent among Singaporean consumers probably due to the increased popularity of Chinese products and Chinese language proficiency in the country,” read a report by iPrice Group.

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  • Shopee signs Cristiano Ronaldo

    Shopee signs Cristiano Ronaldo

    Southeast Asian/Taiwanese e-commerce platform Shopee has appointed global football icon Cristiano Ronaldo as its newest brand ambassador.

    Ronaldo will work with Shopee on a wide range of initiatives to engage and inspire customers in the region, starting with Shopee’s annual shopping event, 9.9 Super Shopping Day.

    “Cristiano Ronaldo is one of the greatest athletes of our time,” said Shopee CEO Chris Feng. “He is an inspiration to many, and his dedication to football matches the deep commitment we have towards our users. Together with Cristiano Ronaldo, we look forward to creating a lasting positive impact on our region.”

    “I am proud to be Shopee’s brand ambassador as we share the same ambition to be the best in our fields,” said Ronaldo. “I am always improving my game for my fans and my team, just as Shopee innovates to benefit their users in this region. I am excited by this partnership, and I look forward to creating more special moments for my fans together with Shopee.”

    Cristiano Ronaldo stars in Shopee’s newest 9.9 TVC, which will air in all seven Shopee markets in the region.

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  • Shopee Boosts Online Baby Care Offerings For Millennial Mothers with Johnson’s

    Shopee, Southeast Asia and Taiwan’s leading e-commerce platform, today announced the expansion of their online baby care offering with Johnson’s®, a leading brand in the baby personal care category. Through this partnership, Shopee hopes to offer time-starved millennial mothers easy access to an even wider range of baby care products from Johnson’s®.

    The announcement comes on the heels of strong performance over close to three years of partnership. Overall sales of products on the Johnson & Johnson Official Store on Shopee has grown more than 10xyear-on-year. Some of the store’s best sellers include Johnson’s® Top-to-Toe Baby Bath, Desitin™ Diaper Rash Cream and Aveeno™ Dermexa range of products for eczema-prone skin.

    According to the latest data from App Annie, consumer spending in app stores is expected to surpass more than $120 billion in 2019. Millennial mothers are also using their phones for almost everything – from shopping online, to browsing social media and reading work emails. With over 95% of orders on Shopee made through mobile phones, including baby products like milk powder, diapers and other baby essentials, Shopee believes that this strategic partnership will help us to reach even more Singaporean parents by 2020.

    Zhou Junjie, Chief Commercial Officer, Shopee said, “The joint decision to expand Johnson’s® online baby care offering on Shopee is a natural extension of our partnership, as we have seen steadily growing demand for baby products since the brand’s launch on our platform in 2016. Millennial mothers are time-starved from juggling multiple roles, and we are thrilled to be able to provide increased convenience and a reliable shopping option for them by offering a wider variety of baby care products. Through this collaboration with Johnson’s®, a brand with 125 years of unwavering commitment to providing the best care for babies and children, we hope to create more meaningful shopping experiences and peace-of-mind to millennial mothers who want the best for their children.”

    Guillermo Frydman, Managing Director, Johnson & Johnson Singapore said, “Given the growth of e-commerce in Singapore and the increasing trend of millennial parents shopping online, we believe that by teaming up with Shopee, Johnson’s® will be able to reach out to even more parents. Parents who are searching for trusted baby care products online can rest assure that they can get Johnson’s® products via a reliable and secure platform like Shopee. As a market leader in the baby care category, Johnson’s®is committed to delivering the best for babies by advancing the science of baby skin care to meet the evolving needs of generations of parents. Parents trust that we will offer only the gentlest of care to their babies.”

  • Shopee on top of the 10 m-commerce players in Vietnam

    Shopee on top of the 10 m-commerce players in Vietnam

    Shopee heads the list of the top 10 m-commerce players in Vietnam for the first quarter of this year.

    The findings were released in a ranking by Iprice Group and App Annie Intelligence, which ranked shopping apps according to the number of monthly active users. It noted that mobile shopping is quickly becoming an important feature of e-commerce business in Vietnam.

    According to Google and Temasek’s report last year on the Southeast Asian ‘e-conomy’, more than 90 per cent of Southeast Asians are now connecting to the internet primarily through their smartphones, making this region one of the most mobile-first globally.

    Iprice Group also noted that during last year’s Singles’ Day, the rate of consumers accessing its e-commerce platform by mobile has risen rapidly from 62.5 per cent in 2017 to 80.4 per cent last year.

    Facing these customer behaviour trends, online retailers in Vietnam are now scrambling to improve and promote their mobile apps. Shopee, in particular, has invested a lot on campaigns to attract consumers to its app.

    “Shopee has focused on mobile from the beginning and built its user interface around it,” read an assessment report by marketing research agency Econsultancy last year. “This made users’ mobile shopping experiences faster and more intuitive – users can buy or sell their items in less than 30 seconds – allowing Shopee to capture a large group of mobile users in Southeast Asia and Taiwan.”

    Ranked number two of the top 10 e-commerce players in Vietnam is Shopee’s biggest regional competitor Lazada. This is perhaps a more surprising result, as according to Iprice Group’s previous report, which ranked Vietnamese e-commerce companies based on average website traffic, Lazada’s monthly traffic has been on a decline that puts them in third place behind Shopee and Tiki.

    However, when it comes to mobile, the e-commerce giant is now shifting to put a bigger emphasis on mobile shopping.

    Ranking in the top five behind Shopee and Lazada are apps from three local e-commerce platforms: Tiki, Sendo and Adayroi. These three companies also have been achieving positive results in terms of average website traffic for the recent quarter, making them worthy opponents for the two regional companies.

    Behind this top five in the ranking are AliExpress, Amazon, eBay, and Alibaba – all of which are currently not officially operating in Vietnam.

    Lotte.vn – the South Korean hypermarket group’s local subsidiary – rounded out the top 10 m-commerce players in Vietnam rankings.

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  • Shopee, Tiki solidify positions as top e-commerce sites in traffic in Q1

    Shopee, Tiki solidify positions as top e-commerce sites in traffic in Q1

    Shopee and Tiki maintained their positions as the two leading sites in terms of traffic in Vietnam’s e-commerce sector in the first quarter of this year.

    According to the latest figures from the Map of E-Commerce released recently by iPrice Group – a meta-search website operating in seven countries across Southeast Asia, Shopee still held the dominant position in Q1 2019 with 40.7 million visits per month on average. Tiki followed with 35.6 million visits monthly.

    Lazada ranked third with 29 million visits, closely followed by thegioididong.com (28.8 million visits) and Sendo (25.3 million visits).

    Q1 2019 also saw several positive trends in the performance of local players, especially Tiki, Sendo, and Adayroi. iPrice’s latest data showed through the first quarter included the Tết (New New Year) holiday period, which is usually a tough time for e-commerce businesses in general, those three merchants still managed to maintain their good results from the previous quarters.

    Doing the best in this regard was Tiki. Similar to the previous quarter, the website continued to achieve over 35 million visits per month on average for Q1 2019, helping its web traffic grow at a rate of 23 percent per quarter on average since the second quarter of last year.

    Aside from Tiki, other notable local companies Sendo and Adayroi have been showing encouraging signs. According to iPrice’s Map of E-commerce, the two companies both have an average traffic growth rate of over 16 percent per quarter for the past four quarters.

    Sendo’s CEO Trần Hải Linh also confidently told IT website Tech in Asia recently that his company was on track to achieve US$1 billion in GMV (gross merchandise volume) much earlier than the previously projected target of 2020.

    This year would be an inflection point for the Vietnamese e-commerce market, Linh said, adding the market would grow much faster.

    “We will see sizable businesses becoming comparable to regional players [and] customers becoming more familiar with e-commerce,” Linh told.

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