As the world gets hooked on to the convenience of online shopping, the need to save money on our online shopping expense increases.
For many eCommerce companies, Singapore is definitely an attractive market to venture into.
Internet Penetration RateBeing a physically small country, armed with one of the highest internet speeds definitely has its perks.
Singapore has one of the highest internet penetration rates in South East Asia, with 88.2% of the population having access to the internet.
On top of that, the smartphone penetration share reached about 78% in Singapore which is one of the highest in the world.