Retail Congress Asia Pacific 2016
Markets in China, India, Indonesia and the Philippines are among the world’s most dynamic growth spots. A study by Planet Retail revealed that 207 million new consumers will be born in Asia over the next five years.
“The biggest threat facing established retail players right now may not be big startups that are directly competing against them but rather those that provide complementary services that are slowly chipping away at their independence,” said Rakuten Ventures managing partner Saemin Ahn.
Changing consumer behaviour makes for tremendous e-commerce potential in Asia.