Wednesday, August 22, 2018

Healthy Appetite for E-Commerce in the APAC Region

According to a recent study released by PayPal and Ipsos, there is a healthy appetite for e-commerce in APAC (Asia-Pacific region), with 48 percent of consumers shopping cross-border in the last 12 months.
Ipsos recently released the 2018 PayPal Cross-Border Consumer Research, which investigates the online shopping habits of approximately 34,000 consumers in 31 countries [1]— including the Philippines. It reveals a growing cross-border e-commerce scene, with the US and China being the biggest markets in terms of online spend.
The study highlights three key findings:
  1. Cross-border opportunities abound for Filipino merchants
  2. Cosmetics are on the rise for APAC consumers
  3. Security is a key driver of cross-border trade
Read more about how cross-border trade accelerates expansion opportunities for Filipino SMEs.

Access full report here.

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