Singapore’s E-Commerce Logistics Market Anticipated to Enhance Supply Chain Transparency and Security Leading to Improved Cost Efficiency: Ken Research

Singapore’s populace includes ~65% of people aged between the age group of 20-64 years, who will drive the future of the e-commerce market. The ‘five-pronged’ infrastructural strategy is aiming to build 2 nationwide 5G networks, enable cross-border Digital Economy Agreements (DEA) and increase local business penetration to make Singapore a global and regional e-commerce hub.… Read More »

Large product assortment and fast and flexible delivery remain the key customer benefits of E-Commerce platforms : Ken Research

1. Advanced payment systems let customers make seamless, one-click purchases online with enhanced security The advent of new payment methods like e-wallets and blockchain provides customers with multiple payment methods on e-commerce platforms. Hassle-free online return policies enable customers to examine products and ship them back to the seller at little to no additional cost.… Read More »

Technology advancement, Cross Border E-commerce, and Increased local penetration by E-Commerce Platforms are some of the key growth drivers of the Singapore e-commerce industry: Ken Research

Driven by the Entry of Home-Grown Players and Developing Logistics Infrastructure, the logistics market in Singapore has ample growth potential in the coming years. Singapore’s luxurious lifestyle and disposable income: Singapore is one of the strongest economies consisting of a rich population, luxurious lifestyle, disposable income, and a variety of options available online. It is… Read More »