ALSO READGaining in translation: Language users are blowing up internet in India India to have 420 million mobile internet users by June: IAMAI report 59% Indians will be internet users by 2021, base to double to 829 mn: Report 99% urban kids use Internet, 54% have weak password: Study Indian language internet user base takes off
Amazon has introduced express delivery in Singapore in its first direct effort to win over Southeast Asian digital natives and new internet users. The American e-commerce company announced today it will begin operating a 100,000 square foot (9,290 square meter) distribution facility in the wealthy island nation.
It promises to deliver tens of thousands of items within two hours for free, if customers spend at least 40 Singapore dollars ($29.52). It's a step up from international shipping options offered by select retailers, where items can take weeks to arrive. Amazon is late to capitalise on the region's rising middle class. Lazada, its closest competitor backed by Chinese giant Alibaba, launched in the region in 2012 and operates in Indonesia, Malaysia, Thailand, the Philippines, Vietnam and Singapore.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)