While 69 percent of merchants chose Facebook Messenger, Instagram has just begun its journey as a social commerce platform. As per the report, Indonesia and Phillippines have seen more than 90 percent usage of Facebook as a social commerce platform.”The rise of the new economy is giving way to the next big shift in commerce, social commerce.The growing ease of conducting commerce is opening up a range of economic opportunities for every member of the community. This is just a beginning,” said Rohan Mahadevan, Paypal, APAC.
Further, other platforms such as Youtube, Twitter, Google+, Skype and LinkedIn have reported 64 percent, 61 percent, 50 percent, 53 percent, and LinkedIn 33 percent.
The survey was conducted across seven markets in Asia, which included India, Thailand, China, Hongkong, Phillippines, Indonesia and Singapore, with participation 4000 consumers and 1400 merchants across.
"Exciting news! Elets technomedia is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest insights!" Click here!
Elets The Banking and Finance Post Magazine has carved out a niche for itself in the crowded market with exclusive & unique content. Get in-depth insights on trend-setting innovations & transformation in the BFSI sector. Best offers for Print + Digital issues! Subscribe here➔ www.eletsonline.com/subscription/
