This is why Asia has big E-Commerce potential

Many have said that Asia has the biggest market potential in almost every industries. The question is, does that include e-commerce?

ComScore has just released State of the Internet with focus on Asia Pacific (July 2010) and it gives us some basic indications on the market potential of online retailing in Asia Pacific.

Facebook-MOL Love Relationship

MOL, arguably the largest online payment provider in Southeast Asia is certainly making headlines recently. The Malaysian based company has acquired the declining Friendster by the end of 2009 but many have questioned the decision back then.

"Why on earth the acquisition is worth $100 million?"

There isn't any clear strategy being announced (until today) and we can't argue on why people are being skeptical.

That is, until the announcement of Facebook-MOL love relationship this month, in July 2010.

"A few years ago, Ganesh (the CEO of MOL) can't get response from Facebook but today they email him!" - quoted here.

An Outlook on Asia Pacific's E-Commerce Statistics

Well, this post is all about charts and figures. Read on to get a glimpse of e-commerce outlook in selected countries of Asia Pacific. Hopefully, you will get a rough idea on those markets that you are not particularly familiar with.