Cube

🚨 Shopee’s Game-Changing Fee Hikes in 2024: What’s Next in 2025? 🚨 This year, Shopee shook up Southeast Asia’s e-commerce landscape with its sharpest fee hikes yet. Seller costs climbed dramatically—so, is this sustainable? 🔍 In our latest Shopee Take-Rate Tracker, we uncover: - How fee changes vary across markets and categories - How sellers are responding to rising fees - What platforms like Lazada and TikTok Shop are doing next 👉 Get the full story here: https://lnkd.in/grCds-vn #Ecommerce #Shopee #TakeRateTracker #SoutheastAsia #CubeAsia #FutureOfCommerce

Shopee’s Winning Formula: It’s All About Take-Rate! Shopee has done it – achieving positive EBITDA and strong GMV growth, marking a pivotal moment for Southeast Asia’s e-commerce industry. In our latest Cube Pulse report, we uncover the strategy behind Shopee’s success: strategic take-rate increases that balance profitability with market dominance. 💡 What’s Inside the Report? - How Shopee’s take-rate adjustments have driven growth while retaining seller engagement. - The rise of on-platform advertising as a key revenue driver. - Why 93% of Indonesian sellers report sales growth despite higher fees. 👉 Read the full analysis here: https://lnkd.in/ghJ3fQj4 #EcommerceInsights #Shopee #SEA

The value of Thai e-commerce is expected to reach 1.1 trillion THB in 2024. While +14% year on year growth is slower than in 2021 & 2022, 18% and 19% respectively, new market entrants like Temu and trends like video commerce and affiliate marketing maintain the market's double digit e-commerce climb. So how can brands capture this growth and gain a competitive advantage? Use e-commerce analytics to provide deeper consumer insights. Bangkok Post has shared some stats from our Influencer Marketing Report in their article. 🔗 You can download the full report on our website here: https://lnkd.in/g6jFkfNH #ecommerce https://lnkd.in/g3wTfx2q

📢 Cube in the News! Our co-founder, Simon Torring, was recently featured in The Guardian's article discussing Temu's expansion challenges in Southeast Asia. Simon's insights highlight how platforms like Temu have become focal points for regulators concerned about cross-border e-commerce's impact on local markets. The article also explores the broader effects of Temu's rapid growth, including increased competition for local vendors and potential regulatory changes in the region. Read the full article here: https://lnkd.in/gqFigaBz

To the Cube community, we're currently working on a TikTok Shop market report that covers market size, categories, assortment and operating best practices in Southeast Asia and we're looking for input from sellers / brands / enablers like you! The anonymous survey takes only ~20 minutes and in return, you'll receive the report when it's out. We remain dedicated to providing insightful, accurate reporting - please reach out to our co-founder with your interest. #ecommerce

New 𝗣𝗨𝗟𝗦𝗘 𝗟𝗜𝗧𝗘 - a weekly round up of the important e-commerce updates to know ⬇️ 🔖 Sea Ltd shares are up 17% after beating Q3 revenue estimates and presenting a profitable Shopee in Asia and Brazil. The online business made $34.4m in core quarter profit vs its loss of $346.5m last year. One factor driving this? Check out our Shopee take-rate tracker: https://lnkd.in/gn6dbbJQ [Source: Reuters] 🔖 Profitability will be a term you'll hear a lot moving forward. Growth above all else is no longer sustainable and e-commerce businesses face getting liquidated like Qoo10 Singapore [Source: CNA] 🔖 Grab has increased its annual core profit forecast by 16% to ~$313m in anticipation of strong transport and food-delivery demand during the holiday season [Source: Reuters] 🔖 It seems another government, this time Vietnam, is making it harder for Chinese companies like Temu and SHEIN to sell. Both companies were asked to register with the ministry or risk getting blocked [Source: Reuters] Are you a leader in the e-commerce space? Subscribe to our newsletter to receive the latest data driven e-commerce insights: https://lnkd.in/gyQsYRfa #ecommerce

Here's your 𝗣𝗨𝗟𝗦𝗘 𝗟𝗜𝗧𝗘 - a weekly round up of the important e-commerce updates to know ⬇️ 🔖 Does your e-commerce strategy include TikTok? If it makes sense for the brand at hand, it probably makes sense to test as 6 out of 10 TikTok users in SEA watch livestreams daily that blend entertainment and shopping [Source: Retail Asia] 🔖 CEO/Co-founder of priceza.com shared the most popular shopping channels among Thai consumers in the past month were Shopee (75%), Lazada (67%), and TikTok (51%). "Leveraging e-commerce data will empower brands to make informed decisions and enhance their competitive edge," - Thanawat [Source: The Nation Thailand] 🔖 The annual SEA eConomy by Google is out! Want to understand what companies should focus on next year? Download it here https://lnkd.in/d_3ZVMk5 [Source: Google] (we're proud to be an official research partner for the report 💪🏻 ) Are you a leader in the e-commerce space? Subscribe to our newsletter to receive the latest data driven e-commerce insights: https://lnkd.in/gyQsYRfa #ecommerce

📈 The annual 𝗦𝗘𝗔 𝗲𝗖𝗼𝗻𝗼𝗺𝘆 𝗿𝗲𝗽𝗼𝗿𝘁 by Google and esteemed partners aims to paint a realistic picture of Southeast Asia's digital economy to guide leaders in the space. This year, we were invited to contribute our data and insights as an official research partner. Here are a few key themes shaping the region's future: 1. 𝗣𝗿𝗼𝗳𝗶𝘁 𝘄𝗶𝘁𝗵 𝗣𝘂𝗿𝗽𝗼𝘀𝗲: Southeast Asia’s digital economy is set to reach $11 billion in profit this year while maintaining double digit growth. In the 9th edition of this report, we've finally shifted from early hyper-growth only strategies to talking about sustainable, profit-driven growth 2. (𝗨𝗻𝘀𝘂𝗿𝗽𝗿𝗶𝘀𝗶𝗻𝗴𝗹𝘆) 𝗔𝗜 𝗧𝗮𝗸𝗲𝘀 𝗖𝗲𝗻𝘁𝗲𝗿 𝗦𝘁𝗮𝗴𝗲: From personalized shopping to smarter financial services, AI is transforming how businesses connect with the region’s young, tech-savvy population - the early adopter will accelerate realisation of ROI 3. 𝗩𝗶𝗱𝗲𝗼/𝗟𝗶𝘃𝗲 𝗦𝗵𝗼𝗽𝗽𝗶𝗻𝗴 𝗣𝘂𝗺𝗽𝘀 $$ 𝗣𝗶𝗽𝗲𝗹𝗶𝗻𝗲: 40% of online shoppers use video to help them make decisions, brands need to be tapped in 📊 Download the full report to explore the other forces driving Southeast Asia’s digital economy: https://lnkd.in/gnyVSPn8 #ecommerce #eConomy

Here's this week's 𝗣𝗨𝗟𝗦𝗘 𝗟𝗜𝗧𝗘 - our weekly round up of the important e-commerce updates to know ⬇️ 🔖 Unsure what to buy? Come Nov 11, all shoppers can access Lazada's new AI virtual shopping assistant AI Lazzie who can recommend products, manage wish lists, store vouchers and answer customer service questions [Source: The Star] 🔖 YouTube has chosen Thailand as its fourth official country in the world to launch its affiliate shopping program. In SEA, the partnership with Shopee banks on creators to drive online sales [Source: Bangkok Post] 🔖 Shopee isn't the only one looking to tap into creators, Temu is offering 30% in commissions to quickly grab the e-commerce market in Vietnam [Source: Vnexpress] 🔖 Curious what makes a marketplace successful? Find out from someone who scaled the world's top platforms [Source: First Round] https://lnkd.in/gc_8e8RA Are you a leader in the e-commerce space? Subscribe to our newsletter to receive the latest data driven e-commerce insights: https://lnkd.in/gyQsYRfa

✨ Proud to Announce Our Feature in Singapore Business Review! 🔍 Key Highlights: - Consumer Trust: Examining how trust dynamics have shifted, making influencer recommendations more impactful than ever. - Subscription Growth: Insights on how influencers are driving subscription growth across the region. - Brand Challenges: Discussing the hurdles brands face when collaborating with influencers in Singapore and beyond. A heartfelt thank you to our dedicated team, including Antoine Gross, May Robertson and Simon Torring for their invaluable contributions to this insightful study. 🙌 📺 Watch the full interview here: https://lnkd.in/gnZBS4xZ 📣 Don't forget to check out our comprehensive e-commerce Influencer Marketing in SEA report for more in-depth analysis and strategies here: https://lnkd.in/g6jFkfNH