Top 15 Largest Online Marketplaces In Asia

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In Asia, cross-border e-commerce is expected to explode in the following decade. At the same time that China has surpassed the United States as the world's ... read more...

  1. Alibaba is the world's largest B2B e-commerce marketplace and the Chinese e-commerce behemoth. Its market capitalization just surpassed $400 billion, and it now accounts for 80% of all online sales in China.


    Alibaba sells about 100 million products across 40 different categories in 200 countries. On a single marketplace platform, it connects Chinese wholesalers with roughly 200 enterprises from across the world.


    Suppliers produce and sell large quantities of products to purchasers searching for inventory for their businesses.

    AliExpress, TMall, and Taobao are among the company's other massive and very popular e-commerce platforms.

    Founded: 1999
    Country: China
    Website: www.alibaba.com


    Video: youtube.com
    Video: youtube.com

  2. AliExpress is a marketplace run by Alibaba that caters to buyers outside of China. It is Alibaba's B2C international site, which sells goods at factory pricing to foreign customers with no minimum order size.


    AliExpress is available in 15 languages: Russian, Portuguese, Spanish, French, German, Italian, Dutch, Turkish, Japanese, Korean, Thai, Vietnamese, Arabic, Hebrew, and Polish, in addition to English. Russia, the United States, and Spain are the top three nations in terms of overall AliExpress spending.


    In total, AliExpress has over 220 million users, over 60 million active purchasers, and over 20 million daily visits.


    Founded: 2009

    Country: China

    Website: www.aliexpress.com

    Video: youtube.com
    Photo: duyalex.com
    Photo: duyalex.com
  3. Flipkart, which was founded in 2007, has become a success story for Indian entrepreneurs. Flipkart, like Amazon, began as an online bookstore and has now evolved to become Asia's largest online marketplace, with a billion-dollar valuation to match.


    Flipkart has benefited from first-mover advantage as well as adjusted its business strategy to accommodate the country's special needs, thanks to Indian customers' rapid adoption of online shopping. Flipkart, for example, was one of the early users of cash-on-delivery payments, which proved successful in attracting more customers. Flipkart has also invested in setting up its own logistic service, creating its own infrastructure to support a growing e-commerce industry.


    Selling on Flipkart is quite simple for online retailers, with a simple sign-up process. Flipkart, on the other hand, has modified its charge structure in order to enhance profitability. Sellers should now expect to pay commission, as well as shipping and collection fees, on top of the existing prices. Despite this, Flipkart is still one of the greatest platforms for getting your products in front of Indian consumers due to its extensive reach.


    With over 10 million customers and 100,000 suppliers, Flipkart is India's largest marketplace. Flipkart has more than 100 million registered users and controls 43% of the Indian e-commerce sector.


    Founded: 2007
    Country: India
    Website: www.flipkart.com

    Video: youtube.com
    Photo: ecommercegermany.com
    Photo: ecommercegermany.com
  4. Serkan Borançl, Burak Divanlolu, and Tolga Kabataş launched GittiGidiyor.com with the goal of creating an e-commerce platform that connects customers and merchants.


    In 2001, GittiGidiyor established a payment-approval system that protects both buyers and sellers as part of its mission to provide internet users with a safe and joyful purchasing environment for the development of e-commerce in Turkey. Over 13 million sales transactions have been completed without incident using this technique, dubbed the "Zero Risk System."


    Every day, GittiGidiyor offers a diverse selection of products, including mobile phones, televisions, white goods, cameras, computers, apparel and jewelry, mother and baby cosmetics, personal care, and home décor. Thousands of items are available for purchase in 4,000 different categories, including coins, stamps, records, antique books, and magazine-like treasures.


    GittiGidiyor partnered with eBay, the world's largest e-commerce site, in May 2007. Soon after, it becomes an eBay subsidiary.


    With almost 19 million registered users and 60 million monthly visitors, GittiGidiyor is Turkey's most popular e-shopping mall and one of the main participants in the Turkish e-commerce business.


    Founded: 2001

    Country: Turkey

    Website: gitgidiyor.com

    Video: youtube.com
    Photo: apkspc.com
    Photo: apkspc.com
  5. With over 12.000 merchants, Hepsiburada is Turkey's e-commerce leader. Since 2015, it has also served as an online platform for entrepreneurs. It is one of Europe's fastest-growing e-commerce businesses, with 21 million monthly unique users and 100 million cumulative visits.


    Hepsiburada offers 4.5 million product variants and 10 million SKUs in 36 categories. Hepsiburada owns one of the largest e-commerce operation centers in Gebze, with a storage area of 100,000 square meters and high-tech equipment.


    Hepsiburada is a subsidiary of the Hepsiburada Group, which is one of the largest in the EEMEA region.


    Founded: 2015
    Country: Turkey
    Website: www.hepsiburada.com

    Video: youtube.com
    Photo: appsflyer.com
    Photo: appsflyer.com
  6. Top 6

    HipVan

    HipVan is a curated e-commerce platform located in Singapore that offers design inspiration for everyday life as well as up to 70% off retail prices. It collaborates with design studios and individual designers to deliver high-quality goods to Singaporeans and others.


    It has roughly 90,000 consumers, but its goal is to dominate the home market in the designer furniture and leisure products area, competing against low-cost, low-margin Chinese goods.


    HipVan sells well-made, carefully designed home goods at reasonable costs. They provide everything from solid wood furniture to 3 and 2 seater sofas, bed frames, and mattresses, with a limitless number of options for ordering and purchasing furniture online. They are your chosen Furniture Shop in Singapore because of their stylish designs and high-quality products.


    Founded: 2013

    Country: Singapore

    Website: www.hipvan.com

    Video: youtube.com
    Photo: cross-border-magazine.com
    Photo: cross-border-magazine.com
  7. Top 7

    JD.com

    With over 300 million registered users, JD.com is China's second-largest B2C marketplace. Spain, Russia, and Indonesia are among the countries where it operates.


    It runs a program that permits non-Mainland Chinese businesses and brands to sell directly to Chinese customers through the JD.com website.


    JD.com is the world's leading high-tech and AI delivery provider, using drones, self-driving cars, and robots. It is home to the world's largest drone delivery system, infrastructure, and capability. It has recently begun testing robotic delivery services and constructing drone delivery airports, as well as launching its first driverless delivery vehicle.


    Founded: 1998

    Country: China

    Website: www.jd.com

    Video: youtube.com
    Photo: ecommercegermany.com
    Photo: ecommercegermany.com
  8. Top 8

    Kaola

    Kaola.com, China's second-largest cross-border import retail e-commerce platform offering 'western' products, was launched in 2015 by Nasdaq-listed NetEase, one of China's biggest Internet and online game service providers.


    NetEase picked Kaola, which means koala because it wants its internet users to be "lazy and comfy" like the marsupial. Kaola offers a wide choice of products in the areas of baby and maternal care, healthcare, beauty, and cosmetics, as well as quick delivery. It also hopes to provide consumers with a "better life at a lower cost" as a result of the low prices. At the moment, NetEase Kaola's competitiveness is based on product cost-effectiveness.


    Kaola, like any other cross-border e-commerce platform, allows vendors to promote their goods using a variety of online forums, portals, and marketing channels. Kaola provides a secure platform for foreign businesses to sell their products to Chinese consumers, as well as a convenient way for Chinese consumers to buy safe, high-quality and international premium items.


    Founded: 2015
    Country: China
    Website: www.kaola.com

    Photo: ecommercechinaagency.com
    Photo: ecommercechinaagency.com
    Photo: ecommercegermany.com
    Photo: ecommercegermany.com
  9. Top 9

    Lazada

    Lazada is the largest E-Commerce website in Southeast Asia, having launched in Singapore in 2012. Alibaba became the company's majority stakeholder in 2016, a strategic effort to gain market share outside of China.


    To be honest, even if the Chinese E-Commerce business is expected to grow significantly over the next decade, the Southeast Asian sector remains mostly untouched.


    You'll have access not only to a single market by selling cross-border on Lazada. Instead, you can offer a variety of products in the nations listed below: Singapore, Vietnam, the Philippines, Malaysia, Thailand, and Indonesia are all countries in Southeast Asia.


    It is the largest e-commerce website in Southeast Asia, with yearly sales of around $1.5 billion. Lazada receives more than 50 million monthly visitors and provides a custom fulfillment service. It sells items in a variety of categories, including consumer electronics, household goods, and fashion.


    Founded: 2012

    Country: Singapore

    Website: www.lazada.com.ph

    Video: youtube.com
    Photo: res.cloudinary.com
    Photo: res.cloudinary.com
  10. Top 10

    Qoo10

    Qoo10 is a Singapore-based marketplace that sells a wide range of products in China, Indonesia, Malaysia, and Hong Kong. According to Euromonitor data, it controls more than a third of Singapore's e-commerce market (32.6 percent), essentially outnumbering Amazon, which has only about 11.5 percent of the local market.


    Ku Young Bae, a South Korean, developed Qoo10, formerly known as Gmarket, in 2010. After being purchased by eBay for S$1.2 billion in 2009, it renamed itself.


    After Japan, Singapore is Qoo10's second-largest market. In Southeast Asia, it claims to have 3 million overall members and 600,000 daily active users.


    Founded: 2010
    Country: Singapore
    Website: www.qoo10.sg

    Video: youtube.com
    Photo: res.cloudinary.com
    Photo: res.cloudinary.com
  11. Rakuten Group, Inc. (TSE: 4755) is Japan's largest eCommerce corporation and the world's leading online marketplace company. Rakuten offers e-commerce, e-reading, travel, banking, securities, credit card, e-money, portals and media, online marketing, and professional sports to both consumers and businesses. The company is currently expanding globally, with operations in Asia, Western Europe, and the Americas.


    Rakuten, which was founded in 1997 and is based in Tokyo, has a global workforce of over 17,000 employees and partners. Rakuten's revenue in 2018 was 1101.48 billion yen.


    Rakuten means 'optimism' in Japanese. It implies that they have faith in the future. It's a realization that, with the appropriate mindset, individuals can improve the future by doing better today. As a result, they push themselves to grow, invent, and explore in order to create a bett er, happier future for all.


    Their 70+ businesses today encompass e-commerce, digital content, communications, and FinTech, offering the thrill of discovery to over 1.5 billion members worldwide.


    Founded: 1997

    Country: Japan

    Website: www.rakuten.co.jp or global.rakuten.com

    Video: youtube.com
    Photo: wwd.com
    Photo: wwd.com
  12. Top 12

    Shopee

    Shopee is one of Southeast Asia's most popular mobile e-commerce platforms. Singapore, Malaysia, Thailand, Taiwan, Indonesia, Vietnam, and the Philippines are among the countries where it operates. The marketplace had over 180 million active products from over four million entrepreneurs as of 2017.


    In Singapore, Shopee Mall opened in 2017 with 200 brands. Thousands of products from the region's top brands and shops are available on the dedicated platform. It created the China Marketplace platform a year later, which allows shoppers to easily access products from Chinese merchants.


    Shopee began as a consumer-to-consumer (C2C) marketplace but has subsequently evolved into a C2C and B2C hybrid model.

    To provide logistical support for its users, Shopee has partnered with over 70 courier service companies across its regions. For item collection and delivery in Singapore, it partnered with logistics company NinjaVan. Pos Malaysia and Pos Indonesia are two other regional delivery partners.


    Founded: 2015
    Country: Singapore
    Website: shopee.com

    Video: youtube.com
    Photo: wiki.tino.org
    Photo: wiki.tino.org
  13. Snapdeal is a marketplace with over 40 million customers, 300,000 merchants, and 35 million products established in India. Retailers must be registered firms in India in order to sell there.


    Snapdeal was founded in 2010 and has developed as a result of strategic eBay purchases. It claims to have the greatest prices on branded products in categories like electronics, fashion, and apparel.


    The marketplace handles all storage, packing, and delivery as part of its Snapdeal Plus program, making it simple for international merchants to reach Indian buyers.


    Founded: 2010

    Country: India

    Website: www.snapdeal.com

    Video: youtube.com
    Photo: res.cloudinary.com
    Photo: res.cloudinary.com
  14. Top 14

    Taobao

    Alibaba owns Taobao, a Chinese marketplace. It has approximately 1 billion things for sale and 617 million active users. Taobao is the ninth most popular website on the internet.


    Taobao Marketplace, founded by Alibaba Group in 2003, allows consumer-to-consumer (C2C) retail by allowing small firms and individual entrepreneurs to build online storefronts that sell to consumers in Chinese-speaking countries and beyond.


    Currently, there are roughly 7 million active sellers on the marketplace.


    Founded: 2003
    Country: China
    Website: taobao.com

    Video: youtube.com
    Photo: res.cloudinary.com
    Photo: res.cloudinary.com
  15. Tmall Global is a spin-off of Taobao, Alibaba's online marketplace that controls over 80% of the Chinese market. It was created to give big brands from the west a marketplace with access to China's huge consumer base.


    Tmall is a tremendously trusted platform for Chinese buyers, and it reaches many of the region's lower-tier towns and rural areas, thanks to Alibaba's presence and reputation in the region. Tmall allows retailers to sell to Asian customers using the platform's specific warehouses. In effect, Tmall provides the entire shopping experience, requiring merchants to merely supply the product, which is why many of the world's most well-known brands, such as Burberry, Zara, and Disney, sell on Tmall as well.


    Founded: 2014

    Country: China

    Website: www.tmall.com

    Video: youtube.com
    Photo: marketingtochina.com
    Photo: marketingtochina.com



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