SINGAPORE, May 21 (Bernama-BUSINESS WIRE) — Last mile delivery and social commerce are expected to revolutionise consumers’ interactions with brands in Asia Pacific (APAC) in 2020, according to global market research company Euromonitor International.
In its new whitepaper “Top 100 Retailers in Asia 2020” Euromonitor looks at how the APAC region continues to accelerate as an innovation hub for retailing. With 2 billion internet users solely in APAC in 2019, social commerce sales reached USD2 trillion and is expected to double by 2024.