By James McKew
The retail landscape has transformed dramatically from the continuous digitalisation of the industry, exacerbated by the onslaught of the pandemic. Consumers in the Asia Pacific are now increasingly connected digitally with a shift in their buying habits, and are now more at ease clicking on smartphones to purchase all manners of products, than to visit offline shops and malls.
Statista reported more than a 20 percent rise of the average online spending in the Asia Pacific from 2019 to 2020. The rise in multiple marketplaces in Asia Pacific such as JD, Taobao, Lazada, Tokopedia and Shopee are testimony to this flourishing trend in retail and e-commerce.
With the evolution of retail emerged new opportunities in related industries, such as a growing pie of warehouses, distribution centres (DCs), and fulfilment centres (FCs), and in turn, these industries seeking productivity and automation capabilities.
Read the full story at DailyStraits.com.
Popular Podcasts
On Purpose with Jay Shetty
I’m Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and I’m so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood you’re able to deal with relationship struggles, work challenges and life’s ups and downs with more ease and grace. I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them we’ve never seen before. New episodes every Monday and Friday. Your support means the world to me and I don’t take it for granted — click the follow button and leave a review to help us spread the love with On Purpose. I can’t wait for you to listen to your first or 500th episode!
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
The Joe Rogan Experience
The official podcast of comedian Joe Rogan.