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Follow on Google News | Singapore leads Southeast Asia in online shopper spending, says yStats.com reportA recently released publication from yStats.com, "Singapore B2C E-Commerce Market 2018," projects further growth of online retail sales in the nation, already the leader in Internet and online shopper penetration in Southeast Asia.
By: yStats.com Omnichannel and mobile shopping contribute to the continued expansion of online retail sales. Around 90% of Internet users went online through their smartphone last year, and about three-quarters of hits on retail websites were through mobile connections, according to the yStats.com report. Smartphones also enable omnichannel shopping, as customers research online while in a store, or order items from anywhere for pick-up at a retailer's physical location. Global giants Alibaba and Amazon as well as regional players are involved in competition for the Singapore shopper's dollar. Alibaba acquired Singapore-based regional leader Lazada. The yStats.com publication reports that Amazon activated Amazon Prime in Singapore in 2017. For further information, see: https://www.ystats.com/ Press Contact: yStats.com GmbH & Co. KG Behringstrasse 28a, D-22765 Hamburg Phone: +49 (0)40 - 39 90 68 50 Fax: +49 (0)40 - 39 90 68 51 E-Mail: press@ystats.com Internet: www.ystats.com Twitter: www.twitter.com/ LinkedIn: www.linkedin.com/ Facebook: www.facebook.com/ About yStats.com Founded in 2005 and headquartered in Hamburg, Germany, yStats.com is one of the world's leading secondary market research companies. We are committed to providing the most up-to-date and objective data on Global B2C E-Commerce and Online Payment markets to sector-leading companies worldwide. Our multilingual staff researches, gathers, filters and translates information from thousands of reputable sources to synthesize accurate and timely reports in our areas of expertise, covering more than 100 countries and all global regions. Our market reports focus predominantly on online retail and payments, but also cover a broad range of related topics including M-Commerce, Cross-Border E-Commerce, E-Commerce Delivery, Online Gaming and many others. In addition to our wide selection of market reports, we also provide custom market research services. We are proud to cooperate with companies like Bloomberg and Thomson Reuters. Given our numerous citations in leading media sources and journals worldwide, including Forbes and the Wall Street Journal, we are considered one of the most highly-reputed international secondary market research companies with an expertise in the areas of B2C E-Commerce and Online Payment. End
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