Ecommerce news philippines
Here are some recent ecommerce news in the Philippines:
- Growth of Online Shopping in the Philippines: According to a report by Hootsuite, the Philippines has seen a significant growth in online shopping, with 70% of the population using the internet to make purchases. (Source: Hootsuite)
- Lazada Philippines Reaches 100 Million Users: Lazada Philippines, one of the country's largest ecommerce platforms, has reached a milestone of 100 million users. (Source: Lazada Philippines)
- Shopee Philippines Launches New Features: Shopee Philippines, another popular ecommerce platform, has launched new features such as ShopeePay, a digital payment service, and Shopee Mall, a platform for branded products. (Source: Shopee Philippines)
- Ecommerce Sales in the Philippines Reach P1.4 Trillion: According to a report by the Philippine Statistics Authority, ecommerce sales in the Philippines reached P1.4 trillion in 2020, a significant increase from P800 billion in 2019. (Source: Philippine Statistics Authority)
- Grab Philippines Launches GrabExpress: Grab Philippines, a ride-hailing company, has launched GrabExpress, a logistics service that allows users to send packages and documents. (Source: Grab Philippines)
- Ecommerce Platforms Partner with Banks: Several ecommerce platforms in the Philippines, including Lazada and Shopee, have partnered with banks to offer digital payment services and promote cashless transactions. (Source: BusinessWorld)
- Government Supports Ecommerce Development: The Philippine government has launched initiatives to support the development of ecommerce in the country, including the creation of a National Ecommerce Roadmap and the establishment of an Ecommerce Council. (Source: Department of Trade and Industry)
- Ecommerce Players Invest in Logistics: Several ecommerce players in the Philippines, including Lazada and Shopee, have invested in logistics and delivery services to improve the customer experience. (Source: Manila Bulletin)
- Ecommerce Sales Expected to Grow: According to a report by Euromonitor International, ecommerce sales in the Philippines are expected to grow at a compound annual growth rate (CAGR) of 15% from 2020 to 2025. (Source: Euromonitor International)
- Ecommerce Platforms Focus on Sustainability: Several ecommerce platforms in the Philippines, including Lazada and Shopee, have launched initiatives to promote sustainability and reduce their environmental impact. (Source: Rappler)
These are just a few of the recent ecommerce news in the Philippines. The country's ecommerce industry is growing rapidly, and we can expect to see more developments and innovations in the coming years.