Singapore is a developed eCommerce market with well-developed infrastructure and a high-income, tech-savvy populace. Sellers that want to enter the Southeast Asian markets have a plethora of alternatives accessible to them, including starting in Singapore and expanding to other countries later. In this article, we’ll list some of the top eCommerce sites in Singapore today, some of which have crossed state and national borders, while others began in other areas of the world. Let’s start now!
Top 10 eCommerce sites in Singapore
Lazada
Monthly Traffic Estimate: 8,000,000
Furthermore, Lazada also has become one of the most popular online retailers in the world. Singaporeans have access to a diverse selection of things, including fashion, groceries, sporting goods, toys, household goods, and technology.
The goal of Lazada’s performance marketing activity is to attract new customers and generate income while maintaining its position as the market leader in Southeast Asia and the Middle East. In order to achieve these goals, Lazada turned to Google Ads for assistance. Especially, Lazada used a strategy called target outranking share to outrank its competitors on strategic key search keywords.
Qoo10 Singapore
Monthly Traffic Estimate: 7,850,000
In the list of top eCommerce companies in Singapore, Qoo10 is the second most prominent name to be mentioned. Following the purchase of Gmarket, a joint venture between eBay and Giosis, Qoo10 was renamed by eBay in 2012 Qoo10 is now Singapore’s top eCommerce company after successfully expanding beyond the country’s borders. It is known for its Korean items, and it is a well-known online marketplace that is particularly strong in the categories of women’s and fashion.
It also aims at expanding its foothold in Japan and growing in other Asian countries.
Zalora
Monthly Traffic Estimate: 3.30M
When it comes to online fashion shopping in Asia, Zalora is one of the top eCommerce sites for independent designers and small businesses to get their products in front of the public’s eye.
Zalora is more likely to be recognized by the street shopper than Carousell. Three years ago, a fashion e-commerce site started in the Asia-Pacific region has expanded to more than 20 countries and announced a $238 million investment. You can make purchases on the company’s website or through its mobile application.
In order to facilitate the sale of products on the platform, they developed a separate marketplace last year. For more information on fashion, beauty, and lifestyle, you can check out Zalora’s blog.
Carousell Singapore
Monthly Traffic Estimate: 2.64M
Carousell was started in Singapore in the same year as Zalora and Lazada (2012). Apart from being the top eCommerce site in Singapore, the marketplace is also popular in Taiwan, Hong Kong, Macau, and other nearby locales. Since then, it has received funding from 500 Startups, Rakuten, Sequoia Capital, and Darius Cheung, as well as a host of other investors.
The website sells a variety of products, including automobiles, automobile accessories, motorbikes, men’s and women’s fashion, health and beauty, and luxury items.
Reebonz
Monthly Traffic Estimate: 50K
Reebonz is an excellent top eCommerce sites in Singapore for those who enjoy the better things in life, especially when it comes to fashion. If you’re looking for watches, jewelry, shoes, new bags, pre-owned bags, and other products, this is a terrific website for you to visit. Reebonz currently has over 4.5 million members and over 100,000 products.
It has also created an app that facilitates the exchange of fashion buyers and sellers. They stock items from designers like Fendi, Prada, Saint Laurent, Givenchy, Chloe, and etc. They also have a section that deals exclusively with Asian designers.
Source: https://magenest.com/en/top-ecommerce-sites-in-singapore/
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