Market Share of Asia Pacific B2B E-commerce Industry
The Asia Pacific B2B E-commerce market is moderately consolidated, with the presence of a few major companies. The companies are continuously investing in making strategic partnerships and product developments to gain more market share. Some of the recent developments in the market are:
- June 2022 - Peer Connexions, a B2B E-commerce platform created to represent the industry's shift toward digital commerce, has been released by Tech Data India. Peer Connexions give resellers unmatched ease, enabling Tech Data to support and facilitate their company more effectively. The portal gives its channel partners access to technical, commercial, and product catalogs, price and inventory status, promotions, and special offers. It also allows them to sign up and do business around the clock on a common platform.
- March 2022 - Software as a service (SaaS) startup for e-commerce named Dianxiaomi announced the conclusion of a USD 100 million C-round fundraisings. Tiger Global Management, Huaxing Growth Capital, GGV Capital, CDH VGC, and Gaorong Capital jointly led the investment.
APAC B2B Ecommerce Market Leaders
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Alibaba Group Holding Ltd
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Amazon.com, Inc.
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Flipkart Online Services Pvt. Ltd.
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B2W Companhia Digital
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IndiaMart InterMesh Ltd
*Disclaimer: Major Players sorted in no particular order