Made in Singapore: Riding The Ecommerce Wave | Singapore
About this event
This event is part of Made in Singapore 2021, a two-week-long free virtual event series showcasing pioneers and dreamers reinventing the way we live, work, and play on our little red dot and beyond.
There’s no better time than now to start an ecommerce business and no better place to do it than in our little red dot.
With a stable economy and payment infrastructure, astonishing Internet and smartphone penetration, a strategic position in the middle of numerous developing economies, it’s no wonder Singapore is considered ASEAN’s most prominent ecommerce hub. The city-state boasts an average basket size of $113 in 2020, an increase of 51% when compared to that of 2019. Even so, e-commerce still accounts for a small slice of the total retail pie, signalling many opportunities for growth.
Hear from our panel of experts behind prominent homegrown players that have captured the wallets of not only local but also regional consumers and fueled this next gold rush for ecommerce. We’ll take a deep dive into how they have moved to take advantage of the global and local ecommerce waves, ecommerce trends for Singapore and the region, and tips for building and scaling an ecommerce business.