Press release
Asia-Pacific E-Commerce Market Size, Share, Trends & Forecast 2019-2025
Asia-Pacific e-commerce market is projected to exhibit a considerable CAGR of 18.5% during the forecast period (2019-2025). The e-commerce companies targeted the most emerging and lucrative markets such as China, and India which is providing a positive growth rate during the forecast period. China holds more than one-fourth share of the global e-commerce industry. Several cross-border e-commerce platforms, such as Alibaba and JB.com has been contributing to the market growth in China. Alibaba and Tencent-backed JD.com Inc. reported that online sales of grocery, fresh produce, and consumer essentials grew significantly during the COVID-19 crisis, driving up the country's online retail sales of physical goods by 3.0% in the first two months of 2020.A full Report of Asia-Pacific E-Commerce Market Available at: https://www.omrglobal.com/industry-reports/asia-pacific-e-commerce-market
The e-commerce companies in China took several necessary steps to contain COVID-19 and reduce the loss in the global market. Some of the steps are
• In July 2020, JD.com launched approximately 20,000 Stock Keeping Units (SKUs) of JD Super’s first-party consumer goods, including packaged maternal, baby products, foods, beverage, and more. JD Super will provide logistics and after-sales service in the time of crisis. In the same period, a Japanese fashion jewelry brand AHKAH launched a flagship store, choosing JD as the first online platform to partner within China. Thus, such strategies are likely to aid the growth of the company over the forecast period.
• In March 2020, Alibaba Group Holding Ltd.along with The Alibaba Foundation, Jack Ma Foundation, and Joe and Clara Tsai Foundation donated over 200 million units of medical supplies to over 150 countries and regions to support the global fight against COVID-19.
• In February 2020, Alibaba leveraged its extensive digital economy to unveil 20 measures to offer businesses special assistance across six major categories amid the COVID-19 outbreak.
To learn more about this report request a free sample copy @ https://www.omrglobal.com/request-sample/asia-pacific-e-commerce-market
Key questions addressed by the report
• What is the market growth rate during the forecast period?
• Which segment/region dominates the market in the base year?
• Which segment/region will project the fastest growth in the market during the forecast period?
• How COVID-19 will impact the market growth in 2020 and coming years?
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
Asia-Pacific E-Commerce Market – Segmentation
By Product Type
• Electronics
• Apparel
• Healthcare
• Pharmaceuticals, and Nutritional Products
• Beauty and Personal Care
• Others
Asia-Pacific E-Commerce Market – Segmentation by Geography
• China
• India
• Japan
• Rest of Asia-Pacific
Company Profiles
• Alibaba Group Holding Ltd.
• Amazon.com, Inc.
• Bukalapak
• eBay, Inc.
• Flipkart
• JD.com
• Pinduoduo, Inc.
• Qoo10 Pte. Ltd.
• Rakuten Group
• Snapdeal Pvt. Ltd.
• Tiket.com
• Walmart Inc.t Us:
For More Customized Data, Request for Report Customization https://www.omrglobal.com/report-customization/asia-pacific-e-commerce-market
For More Information, Visit https://www.omrglobal.com/
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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