E-COMMERCE in 2019 is expected to flourish in Thailand as giant e-marketplace providers and huge social media platforms battle it out. Investors are expected to join the battlefield, laying their bids in front of payment and logistic players in e-commerce.
According to a study by Google and Temasek, 2018 was the year of e-commerce for South-East Asia and Thailand could boast the fastest growth. The study, “e-Conomy SEA 2018: Southeast Asia’s Internet Economy Reaches an Inflection Point”, also found that e-commerce adoption had accelerated the most in Thailand, reaching nearly US$3bil this year after having tripled in two years – and the Kingdom was the second-largest e-commerce market in the region.