Consumers are increasingly moving their shopping experiences online. Global e-commerce sales reached $1.9 trillion in 2016, and this figure is expected to nearly double to $4 trillion by 2020. By 2025, e-commerce revenue in Singapore is expected to exceed S$7 billion.
This post will provide you with more options while purchasing online in Singapore:
Qoo10, formerly known as Gmarket, is one of Singapore’s most popular online shopping destinations. This is the place to go for anything from sunglasses, shoes, and makeup to cell phones, kitchen appliances, and Korean food. With around 1.6 million registered users, Qoo10 generates approximately S$26 million in monthly income from the Singapore market.
It shows no signs of stopping off, as its parent firm, Giosis Pte Ltd, wants to expand into other Asian countries. Qoo10, which was founded in 2010, also has operations in Japan, Indonesia, Malaysia, Hong Kong, and China.
Zalora is Asia’s leading online fashion destination, and Zalora.sg is one of the country’s most popular e-commerce websites. It was founded in Singapore in 2012 and offers a diverse range of national and international designer labels and labels.
Zalora not only strives to make its customers look good, but it also provides a free 30-day return policy, fast island-wide shipping, and convenient payment methods such as cash on delivery.
Carousell was founded by two National University of Singapore graduates, Quek Siu Rui, Lucas Ngoo, and Marcus Tan, and has since grown to become one of Singapore’s most popular online marketplaces. The website allows people to buy and sell used and new items in a secure community.
Last year, the Singapore-based startup raised $35 million in Series B funding to expand into new markets. It is now available in 13 major Asian cities, including Singapore, Kuala Lumpur, Jakarta, Taipei, and Hong Kong.
You can order groceries and household items from RedMart at any time and from any location. Items can be delivered to your home within a two-hour window on any given day. RedMart, which was founded in August 2011, was backed by Lazada by Alibaba in a November 2016 announcement.
Reebonz provides customers with a diverse selection of luxury bags, accessories, watches, jewelry, and shoes from well-known brands, as well as a variety of product models. This shopping site is recommended by those looking for designer brands.
Reebonz now has approximately 4.5 million members and 100,000 products. It has also created an app that connects buyers and sellers of fashion.
HipVan, which was founded in Singapore in 2013, aims to conquer the Singapore market. It is a furniture and lifestyle design company. Its goal is to assist consumers in overcoming limited interior decoration options, high retail brands, and low product quality.
HipVan also opened its flagship store at The Cathay in Dhoby Ghaut, Singapore, earlier this year.