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This is Southeast Asia's largest e-commerce company by transaction value in 2022.

Cindy Mutia Annur 21/06/2023 15:40 WIB

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According to a Momentum Works report, Shopee was the e-commerce company with the largest gross merchandise value (GMV) in Southeast Asia in 2022.

Southeast Asia's Largest E-commerce Companies by Gross Merchandise Value (GMV) (2022)

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Southeast Asia's Largest E-commerce Companies by Gross Merchandise Value (GMV) (2022)

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According to a Momentum Works report, the gross merchandise value (GMV) of e-commerce in Southeast Asia reached US$99.5 billion in 2022. This figure represents a 14.23% increase year-on-year (YoY).

In 2022, Shopee was the largest e-commerce company in Southeast Asia by GMV, with US$47.9 billion, or 48.14% of the region's total e-commerce GMV.

Lazada ranked second with a GMV of US$20.1 billion. Following were Tokopedia and Bukalapak, which recorded GMVs of US$18.4 billion and US$5.3 billion, respectively.

TikTok Shop held the next position with a GMV of US$4.4 billion in Southeast Asia in 2022. Blibli had a GMV of US$2.2 billion.

The Vietnamese e-commerce company, Tiki.vn, also had a GMV of US$500 million. Meanwhile, Amazon and Sendo recorded GMVs of US$400 million each in Southeast Asia.

Momentum Works predicts that the e-commerce GMV in Southeast Asia will continue to grow, reaching US$175 billion by 2028. This prediction is based on a normal economic scenario in the region.

Alternatively, under a best-case scenario, the e-commerce GMV in Southeast Asia is projected to reach US$232 billion, while under a worst-case scenario, it could reach US$121 billion.

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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