Southeast Asia’s e-commerce market is growing rapidly
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🔥 Southeast Asia’s e-commerce market is growing rapidly.
As e-commerce has grown in Southeast Asia, there has been an increased demand for logistics services such as package delivery, warehousing, and fulfillment. Logistics companies can capitalize on this demand by expanding their operations and offering a wide range of services to e-commerce companies. While the region’s e-commerce is still relatively young, there are many opportunities for logistics companies to innovate and find new ways to improve their operations. There is also a significant opportunity to diversify revenue streams and reduce their reliance on traditional brick-and-mortar retail. This can help logistics companies weather economic downturns and other disruptions to the market.
Lazada, the Southeast Asian e-commerce platform owned by Alibaba, has initiated a new round of layoffs that will be affecting employees across all Southeast Asian markets.