Healthy Appetite for E-Commerce in the APAC Region

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According to a recent study released by PayPal and Ipsos, there is a healthy appetite for e-commerce in APAC (Asia-Pacific region), with 48 percent of consumers shopping cross-border in the last 12 months.

Ipsos recently released the 2018 PayPal Cross-Border Consumer Research, which investigates the online shopping habits of approximately 34,000 consumers in 31 countries [1]— including the Philippines. It reveals a growing cross-border e-commerce scene, with the US and China being the biggest markets in terms of online spend.

The study highlights three key findings:

1. Cross-border opportunities abound for Filipino merchants
2. Cosmetics are on the rise for APAC consumers
3. Security is a key driver of cross-border trade

Read more about how cross-border trade accelerates expansion opportunities for Filipino SMEs.

Access full report here.

from The Global Small Business Blog https://ift.tt/2LkGV7n