E-commerce predicted to capture 10% of Thai retail segment | Bangkok Post: business - News Summed Up

E-commerce predicted to capture 10% of Thai retail segment | Bangkok Post: business


Analysts say there is room for e-commerce platforms to grow in Thailand's retail segment. CHANAT KATANYUThe highly competitive e-commerce market in Thailand is expected to drive growth in online retail, representing a 10% share of the overall retail market in five years from only 3% today, say leading players. The e-commerce platform plans to work in tandem with Tencent Thailand and Pomelo, companies where JD.com is a shareholder. Jirasak Chirathivat, head of customer strategy for JD Central, said higher competition in Thailand's e-commerce market will boost the retail business eventually. He expects online revenue will be major revenue to Central in the future.


Source: Bangkok Post September 06, 2018 23:48 UTC



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