Page 40 - The EDIT | Q2 2017

SINGAP
COMMERCE CUL
Of its total population o million were residents ( residents), 1.6 mill
The culture of Singapo Asian and European
Malay, South Asian, E cultures, Singapore
country where "
“I eat therefore I am” Singaporeans live. Singa a heritage as its people,
at the country’s cro
26% of Singaporeans shop online at least once a week and 58% purchase online at least once a month.
The largest e-commerce players in Singapore are Lazada, Zalora, Amazon, eBay, Qoo10 and Carousell.
Within 10 years, the size of Singapore’s e- commerce market will grow more than five times to be worth US$5.4 billion (S$7.5 billion).
O
T
f c i
c a h
E
p w