Thailand is in the pole position for social commerce in the world, says price-comparing website Priceza, and local merchants should drive towards unique and value-added products to stay competitive in the market. The country's e-commerce market is expected to continue flourishing, driven by subsidised prices offered by giant e-marketplaces. This contrasts with conventional retail business, which is expected to deliver only single-digit growth next year, Mr Thanawat said. Next year, social commerce platforms Facebook, Instagram and Line will provide payment services to accommodate shoppers on their platforms. According to Mr Thanawat, cross-border products will become more commonplace on e-commerce platforms in Based on data from three leading e-marketplaces in Thailand -- Lazada, Shopee and JD Central -- 60 million cross-border products were placed on the platforms last year. Average order value was baht for local sellers and baht for cross-border sellers.
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Pattaya people get insight into major development project around railway station
The seminar brought together experts and speakers from over 15 national organizations, with over attendees on Wednesday, 27 November at S31 Sukhumvit Hotel. Thanawat Malabupha said "Priceza has gathered a large number of online stores from a variety of categories whether websites or marketplaces. Currently, Priceza's platform has over 18 million visits per month, with an average purchase rate of 8. According to the statistics, Thais spend an average of 9 hours 11 minutes per day surfing the Internet, which is the 3rd highest in the world. Online shopping is one of the top 5 online activities on which Thais spend the most time. These phenomena are indicators that the e-commerce business is growing, and many opportunities are open for business growth.
Thais setting the pace for social commerce
The seminar Read on the original site. Pattaya people get insight into major development project around railway station - nationmultimedia. TAT expects big jump in tourism earnings in September - nationmultimedia. Investors advised to buy stocks expected to perform better in second half - nationmultimedia. Pro-democracy activists rally outside police station after student arrested - nationmultimedia. Opec urges Thailand to hike exports and prevent global food shortage - nationmultimedia.
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