Staff Reporters
May 9, 2019

Lazada and Shopee lead in battle of SEA ecommerce brands

TOP OF THE CHARTS: New study by iPrice and AppAnnie highlights increasingly crowded ecommerce field with local and international players gaining ground.

Lazada and Shopee lead in battle of SEA ecommerce brands

Lazada and Shopee are the two biggest players in Southeast Asia’s ecommerce app market, although greater competition is leading consumers to diversify their choices, according to a new report from iPrice and AppAnnie.

The study focuses on Q1 2019 insights for six Southeast Asian markets: Indonesia, Malaysia, Philippines, Thailand, Vietnam and Singapore. Analysing each app’s monthly active users (MAU) in each market, iPrice and AppAnnie found Shopee and Lazada to be most successful overall.

This would seem to correlate to the huge investment both platforms have received recently, with Alibaba pumping US$2 billion into Lazada and Shopee raising US$1.5 billion in funding. However, notably, Shopee is the only app to see an increase (5%) in its overall total visits compared to Q4 2018, while Lazada saw a 12% drop. 

iPrice and AppAnnie partially attribute this to the difference in marketing strategy for big sales events between the quarters, such as 11.11 and Christmas in Q4 2018 versus Lunar New Year and Lazada’s Birthday Sale in Q1 2019.

Another potential factor is the rise of more, local ecommerce apps for Southeast Asian consumers. Indonesia’s Tokopedia and Bukalapak, and Vietnam’s Tiki were the next most-visited ecommerce platforms in Southeast Asia in Q1 2019, despite only being available in their home markets. Tokopedia is the largest of the single-market apps, having recently received US$1 billion in funding from existing investors.

As for the Chinese and US apps­—excluding Lazada, which Alibaba owns—their success has been moderate so far, with Taobao and its ilk doing better in Chinese-speaking nations, and Amazon performing best in the Philippines and Singapore, where the brand fully launched Amazon Prime last year.

See more Top of the Charts

 

Related Articles

Just Published

16 hours ago

Spikes Asia brings awards forward to February 2021

Inaugural Spikes Asia Creativity Report will also be released as the awards move to become an early regional benchmark in the leadup to Cannes Lions.

17 hours ago

Facebook removed 7 million Covid-19 misinformation ...

The social-media network has shed light on the scale of the coronavirus misinformation problem, with posts related to fake cures among the millions it has removed over recent months.

17 hours ago

Two luxury carmakers promise to soothe souls in ...

In new campaigns, both BMW China and Porsche India are looking to rekindle the ardour of motorheads with a focus on wellbeing and balance instead of mechanical substance.

19 hours ago

Neglecting the future is not an option

Short-termism reigns even though game-planning for the future is a critical survival skill for companies. A strategist from Quantum Consumer Solutions provides a framework for dividing the probable from the plausible and the possible.