Chinese companies are set to boost Southeast Asia's e-commerce market: Credit Suisse

Chinese companies are set to boost Southeast Asia's e-commerce market: Credit Suisse

6 years ago
Anonymous $gIi3-PxxKB

https://www.cnbc.com/2018/03/23/chinese-companies-are-set-to-boost-southeast-asias-e-commerce-market-credit-suisse.html

Chinese companies are entering the e-commerce market in the Southeast Asian region in a big way, but the heavily fragmented region poses a challenge, said Credit Suisse's head of emerging Asia economics.

Companies like tech giant Alibaba and Internet company Tencent are bringing their investments and technology to the region, Santitarn Sathirathai explained. Just this week, Alibaba announced an additional $2 billion investment in Southeast Asian online retailer Lazada.

Chinese companies are set to boost Southeast Asia's e-commerce market: Credit Suisse

Mar 23, 2018, 8:15am UTC
https://www.cnbc.com/2018/03/23/chinese-companies-are-set-to-boost-southeast-asias-e-commerce-market-credit-suisse.html >Chinese companies are entering the e-commerce market in the Southeast Asian region in a big way, but the heavily fragmented region poses a challenge, said Credit Suisse's head of emerging Asia economics. >Companies like tech giant Alibaba and Internet company Tencent are bringing their investments and technology to the region, Santitarn Sathirathai explained. Just this week, Alibaba announced an additional $2 billion investment in Southeast Asian online retailer Lazada.