Singapore is one of the most dynamic and vibrant markets for eCommerce in Southeast Asia. With a high internet penetration rate, a tech-savvy population, and a strong economy, Singapore offers a great opportunity for online businesses to thrive and grow. But who are the best eCommerce companies in Singapore? What are their winning strategies and competitive advantages? How do they cater to the needs and preferences of the Singaporean consumers?
In this article, we will answer these questions and more by ranking the top 10 best eCommerce companies in Singapore in 2024. Let’s dive in!
Shopee also leverages its strong social media presence and influencer marketing to engage and attract customers. Shopee boasts more than 1.5 million followers on Instagram and exceeds 2.4 million likes on Facebook. Shopee also collaborates with celebrities and influencers, such as Cristiano Ronaldo, Blackpink, and local stars, to promote its brand and products.
Shopee is not only the best eCommerce company in Singapore, but also one of the fastest-growing eCommerce platforms in Southeast Asia. Shopee operates in seven countries: Singapore, Malaysia, Indonesia, Thailand, Vietnam, the Philippines, and Taiwan. Shopee aims to become the leading online shopping destination in the region and beyond.
Lazada also leverages its partnership with Alibaba, the Chinese e-commerce giant, to enhance its product selection, technology, and logistics. Lazada, acquired by the Alibaba Group in 2016 for $2 billion, operates as a subsidiary of Alibaba. Lazada benefits from Alibaba’s expertise, resources, and network, which enable it to offer more products, better prices, and faster delivery.
Lazada is not only a strong eCommerce player in Singapore, but also a dominant force in Southeast Asia. Lazada operates in six countries: Singapore, Malaysia, Indonesia, Thailand, Vietnam, and the Philippines. Lazada aims to become the ultimate online shopping destination in the region and empower millions of customers and sellers.
Amazon also leverages its Prime membership program, which offers exclusive benefits and perks to its members. Amazon Prime members enjoy free and unlimited delivery, access to Prime Video and Prime Music, early access to deals, and more. In Singapore, Amazon Prime is priced at S$2.99 per month or S$29.90 per year.
Amazon is not only a leading eCommerce company in Singapore, but also a global phenomenon that has revolutionized online shopping. Amazon operates in over 15 countries and regions, including the US, Canada, UK, Germany, France, Japan, India, and Australia. Amazon aims to become the most customer-centric company in the world and offer everything that customers want online.
Qoo10 also leverages its strong community and social media presence to engage and attract customers. Qoo10 boasts a substantial social media presence with more than 1.2 million followers on Instagram and over 1.1 million likes on Facebook. Qoo10 also encourages customers to share their reviews, ratings, and photos on its platform and social media.
Qoo10 is not only a successful eCommerce company in Singapore, but also a growing eCommerce platform in Asia. Qoo10 operates in five countries: Singapore, Malaysia, Indonesia, China, and Japan. Qoo10 aims to become the best online shopping mall in Asia and offer a variety of products and services to its customers.
Zalora’s winning strategy is to provide a stylish and trendy shopping experience for its customers. Zalora offers features such as free and fast delivery, easy returns, cash on delivery, and customer service. Zalora also offers its own fashion labels, such as Zalora Basics, Zalora Collection, and Zalora Premium.
Zalora is not only a top eCommerce company in Singapore, but also a prominent eCommerce player in Southeast Asia. Zalora operates in six countries: Singapore, Malaysia, Indonesia, Thailand, Vietnam, and the Philippines. Zalora aims to become the ultimate online fashion destination in the region and inspire its customers to express their style.
Carousell’s winning strategy is to provide a simple and convenient shopping experience for its users. Carousell offers features such as chat, offer, and feedback. Carousell also offers its own payment service, CarouPay, which allows users to pay securely and easily.
Carousell is not only a successful eCommerce company in Singapore, but also a fast-growing eCommerce platform in Asia. Carousell operates in seven countries: Singapore, Malaysia, Indonesia, Taiwan, Hong Kong, the Philippines, and Australia. Carousell aims to become the world’s leading classifieds platform and empower millions of people to sell and buy online.
EZbuy’s winning strategy is to provide a low-cost and high-quality shopping experience for its customers. EZbuy offers features such as free shipping, free agent fee, and free insurance. EZbuy also offers its own global sourcing service, which allows customers to buy products from China, Korea, Taiwan, and the US.
EZbuy is not only a top eCommerce company in Singapore, but also a popular eCommerce platform in Southeast Asia. EZbuy operates in five countries: Singapore, Malaysia, Indonesia, Thailand, and the Philippines. EZbuy aims to become the best online shopping platform in the region and offer the best value and service to its customers.
RedMart is not only a top eCommerce company in Singapore, but also a part of Lazada Group, which is owned by Alibaba. RedMart also benefits from Lazada’s and Alibaba’s technology, logistics, and network, which enable it to offer more products, better prices, and faster delivery.
RedMart is not only a top eCommerce company in Singapore, but also a part of Lazada Group, which is owned by Alibaba. RedMart also benefits from Lazada’s and Alibaba’s technology, logistics, and network, which enable it to offer more products, better prices, and faster delivery.
Zilingo’s winning strategy is to provide a diverse and inclusive shopping experience for its customers. Zilingo offers features such as free shipping, cash on delivery, and customer service. Zilingo also offers a wide range of fashion products, from local and international brands, to indie and ethical labels.
Zilingo is not only a successful eCommerce company in Singapore, but also a social and environmental eCommerce platform in Asia. Zilingo aims to empower small and medium-sized businesses, promote fair trade and sustainability, and celebrate diversity and creativity.
iHerb’s winning strategy is to provide a high-quality and low-cost shopping experience for its customers. iHerb offers features such as free and fast delivery, easy returns, customer reviews, and rewards. iHerb also offers its own quality assurance program, which ensures that its products are authentic, fresh, and safe.
iHerb is not only a top eCommerce company in Singapore, but also a global eCommerce player that has customers in over 150 countries. iHerb aims to provide the best value and service for natural products and enhance the health and wellness of its customers.