Well this is a battle to watch.
Since Amazon Prime showed up that’s pretty much where I get my stuff – apart from going to the store or the wet market. Yes – that’s still a thing in Asia and I love it.
I get the other stuff I need from iHerb which has great prices and ships for free to Singapore. Can’t beat it.
I still very rarely wonder in the untamed marketplace that is Lazada or Shopee. I have tried them both for some weird stuff I couldn’t get elsewhere but generally are disappointed with the quality of it. For sure though the marketplace model of each holds very little interest from me so I am always amazed at the numbers for these products but of course not a lot of profit yet.
Then add in the while Carousell and Facebook stuff for lots of other P2P transactions which our family has used way more than Shopee or Lazada but both could be done so much better. I actually there is some opportunity in the P2P space being done right but maybe Carousell and FB are just too big now.
Anyways – welcome to SEAsia! Its gonna be a crazy next 10 years!
Sea is raising up to $1.5B for its Shopee e-commerce business in Southeast Asia | TechCrunch