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