“E-commerce has made a profound impact on our lives, and especially so this year,” says Martin Yu, associate director of Shopee Philippines. “We are fortunate to be at the forefront of this transformation in our region, and we want to continue creating livelihoods for local sellers and entrepreneurs, ways for people to shop and connect, and new paths to success for businesses.”
Online shopping platforms helped thousands of entrepreneurs, from SMEs to top brands, by creating more avenues for them to reach their consumers better, even keeping the country’s economy in a good state. Based on analyses made by Google, investment company Temasek, and consultancy firm Bain and Company, the Philippines has garnered a 55 percent growth in digital economy that offsets the declines in travel and transport.
This story is from the November 15, 2020 edition of Manila Bulletin.
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This story is from the November 15, 2020 edition of Manila Bulletin.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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