Amazon is coming to Southeast Asia in 2017

American online retail giant plans to enter Asia next year.

According to TechCrunch, Amazon is already covering its bases by hiring people and acquiring assets in preparation for the launch in Singapore early in 2017. Another source added that it plans to launch selected services in Singapore in the first quarter.

The report says that the company’s initial plan is to offer the AmazonFresh grocery and Prime delivery service.

It’s not surprising that Amazon is now moving in on the region on its own, considering Singapore’s grocery delivery startup Redmart has rejected its acquisition offer earlier this year.

Amazon has declined to respond on the report, but it’s very likely that they would want to get a piece of the pie of the 600 million strong population of Southeast Asia. Even though it only accounts for less than five percent of online transactions right now, it’s said to grow tremendously in the coming years.

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  1. The scale of Amazon is breathtaking. The platform provides us with great opportunities and diversity. But it is also important here that the quality of service does not fall. There is a lot of useful information about this on the pissedconsumer website