Top E-commerce Cities in Asia

An overview of 12 e-commerce cities in Asia - those urban cities that have interconnected systems that make up an e-commerce ecosystem.

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The e-commerce industry has continued to witness exponential growth around the world, with an astonishing USD 2.86 trillion in 2018 and is estimated to grow further to USD 6 trillion in 2022. The not-to-be missed Asia Pacific market had a 35% economic growth rate in 2018 with USD 1.8 trillion retail e-commerce sales, positioning it to be a clear leader to achieve one-fourth of global e-commerce share by 2023.

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Source: YCP Solidiance research & analysis

YCP Solidiance analyzed 40 metropolitan cities based on 16 key indicators and identified top 12 “E-commerce cities” in Asia, namely :

While economic size and growth rate are worth to consider, the report includes several other factors that determine the attractiveness of its e-commerce landscape, including acceptance to digital disruption, network infrastructure, ecosystem and competitiveness, customer behavior and future growth opportunities.

What can other global cities learn from these cities?

This paper recommends a framework deemed pivotal for a sustainable e-commerce ecosystem - a building block for future e-commerce cities: stable and predictable regulatory environments, adequate talent, market readiness and robust infrastructure, funding to scale up the business, and global culture to empower innovative ideas.

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The paper also suggests big companies to build synergy through investment or partnership in e-commerce, bringing a mixture of corporate know-how and long-term experience with innovative and fast-paced minds of e-commerce entrepreneurs. The synergy built with e-commerce and tech-companies will directly boost the growth of e-commerce in the city and even the country in the current digital age.

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For media inquiries, please reach us at pr@ycp.com. You can also download press release below.

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