Cross-Border E-commerce Asia
Shaping the Future of Asian E-Commerce: Insights from eTail Asia 2023
Discover key insights from eTail Asia 2023, shaping the future of e-commerce in Asia. Explore trends and strategies driving the region's online retail landscape.
Aug 10, 2023
Maersk Bolsters Its Omnichannel Fulfillment Capabilities in Asia-Pacific
With the establishment of World Gateway 2, Maersk is not only elevating its logistics solutions for businesses but also solidifying its commitment to enhancing Singapore's position as a regional logistics hub.
Jul 26, 2023
A Look at China’s Cross-Border Logistics Landscape in 2022
Learn about the key dynamics and developments surrounding China’s cross-border logistics in 2022, which include top sources of origin for international shipments and the average number of business days it takes for these parcels to reach their designated countries.
Jun 01, 2023
Everything You Should Know About Cross-Border E-Commerce
Discover the essential insights, best practices, and strategies you need to succeed in cross-border e-commerce. From market research to logistics and customer trust, this comprehensive guide has everything you should know about cross-border e-commerce.
May 29, 2023
PSA Acquires Stake in Vietnamese Logistics Provider Sotrans Group
The partnership between PSA and ITL leverages STG’s strong presence in Vietnam with its local expertise in logistics and PSA’s global network of deepsea, rail, and inland terminals, and affiliated businesses, as well as global expertise in end-to-end supply chain services.
May 29, 2023
Bolloré Logistics Unveils Weekly LTL Cross-Border Trucking Service Between Singapore and Malaysia
This new service aims to provide customers with an alternative transport option to Air and Sea modes for distribution between the two countries.
Apr 20, 2023
State of E-Commerce in Southeast Asia Report 2023
Get the latest insights into e-commerce in Southeast Asia with our 2023 report covering delivery performance metrics in Singapore, Indonesia, and Malaysia. Know the trends in the region and prepare your business for success with our data-driven insights.
Apr 03, 2023
SCMP: JD.com Plans $1.5 Billion Subsidy Campaign Against Pinduoduo
The Chinese e-commerce giant is currently finalizing the specifics of the subsidy campaign that is set to be launched next month.
Feb 23, 2023
The Paypers: epay Australia Onboards Alipay+ to Boost Cross-Border Mobile Payments
The announcement details that Alipay+ is set to be activated in 8,000 epay retailers, including the Australian luxury department store David Jones.
Feb 22, 2023
Tech in Asia: Chinese E-Commerce Retailer Vipshop Begins Operations in Southeast Asia
The Southeast Asian unit is based in Singapore and currently has 46 employees, including ex-Amazon country head Bernard Tay.
Dec 14, 2022
Cross-Border E-Commerce in Asia
The State of Cross-Border E-Commerce
The global cross-border e-commerce market is growing rapidly, particularly in Asia. Notably, China is one of the fast-growing cross-border e-commerce markets, contributing to a lot of outbound shipments around the world. of the top e-commerce logistics trends is the growing cross-border market around the world. For example, Cainiao Network and Alibaba have been expanding their global presence to facilitate the fast and efficient processing of international e-commerce shipments from Asia to other parts of the world. Cross border e-commerce growth is dependent on the capacity to ship products across countries in the shortest amount of time and at the lowest possible cost, including both inbound shipments and outbound shipments. And Asia is currently leading the way in global cross border e-commerce.
Cross-Border E-Commerce in Southeast Asia
Southeast Asia is indeed the rising cross border e-commerce hub, owing to its fast-growing population of internet-savvy consumers amongst other factors. According to Mordor Intelligence, cross border e-commerce already accounts for more than 40% of overall e-commerce sales in the region. Southeast Asia is also an important supplier for various product categories to numerous locations throughout the world, with the United States, Australia, and the United Kingdom being the three biggest destinations. The presence of large cross border industry players in the e-commerce world such as Amazon, Alibaba Group, eBay, are contributors to Southeast Asia’s rapid cross-border e-commerce growth.
Cross-Border Opportunities Post-COVID
Amid national efforts and widespread support for purchasing domestically especially during the height of the pandemic, customers are moving towards making more international purchases. This can be attributed to a variety of reasons, including price sensitivity and the availability of unique products. This brings new revenue opportunities to domestic retailers, who are not confined to selling domestically, but are now exposed to a much larger market segment.
Cross-Border E-Commerce in China
China now dominates the cross border e-commerce logistics market in Asia-Pacific (APAC), accounting for 56.4% of the total segment value (€23,596m). It is also the major supplier of current cross border online purchases across regions. Despite the economic instabilities and supply chain bottlenecks in 2021, cross border e-commerce imports and export in China surged 20.1% year on year during the first nine months. This is largely due to the landscape’s maturity, as well as the existence of overseas in-country warehouses and logistics networks, improving overall market efficiency.