Thailand eCommerce is in the news this week they are covered in a story in the, Bangkok Post. The great news for APP and APP ePacket Members is the story is covering Thailand Post, expected growth in Cross border eCommerce using the APP ePacket Service. Thailand Post forecast that the ePacket service will generate a revenue of 100 mill baht, in 2019
In the previous year, Thailand Post has achieved revenue of around 27 billion baht. 13 % of the revenue or 3.5 billion is generated from Cross Border ecommerce
Comparing the e-commerce market share in Thailand, Thailand Post have around 30% while Deutsche Post DHL, lead the market with 45%.
Significant growth in C to C and B to C activities, arrival of e-commerce giants like Alibaba and JD.com are attributed to the growth.
For further reading please go to the below links. You may need to sign up, for free, with Bangkok Post.
Commentary by Maverick Chung
Image source: Thailand Post