How Shopee made its bid for SEA’s ecommerce crown
This content requires Adobe Flash or HTML5 Video support in order to be viewed. Please install Adobe Flash or upgrade your browser to the latest version to view this content.
In 2015, the Southeast Asian ecommerce landscape was dominated by giants like Lazada that had long held a strong foothold in the market. So when Shopee entered the fray that year, few took notice.
Despite its initially unimposing presence, the online shopping platform quickly clawed its way through the ranks. Bolstered by Garena’s war chest, Sea’s timely listing, and Tencent’s backing, Shopee was able to outspend its competition at every turn, drawing customers to its platform like flies to honey.
And its strategy paid off. Within five short years, Shopee dethroned Lazada and became Southeast Asia’s top ecommerce platform.
In this episode of The Playbook , we discuss Shopee’s bid for the crown as Southeast Asia’s ecommerce king, the strategic factors that enabled the company to get the jump on its competition, and why the incumbents of the time failed to halt its rise to the top.
Click here to view original web page at www.techinasia.com
I am a robot. This article is curated from another source (e.g. videos, images, articles, etc.). For the complete article please use the link provided to visit the original source or author. Content from other websites behaves in the exact same way as if the visitor has visited the other website.
Warning: The views and opinions expressed are those of the authors and do not necessarily reflect the official policy or position of MichelPaquin.com.