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The business may either start in Singapore and quickly venture outwards OR it starts in a larger regional market e.g. Indonesia from day one. Consumer Facing B2C. Startups in this category knows that the Singapore market is inherently small and need to be in larger markets in order to sustain itself.
They should also consider launching online B2C or B2B platforms incorporating mobile and social-commerce. Faced with the rising costs of labour, materials and land in Chinese cities, companies are increasingly sourcing from other Asian countries like Vietnam, Indonesia, Pakistan and Bangladesh. Rise of Eastern Entertainment.
Gojek is an Indonesia-based Super app that offers different types of on-demand services. Gojek – An Indonesia-Based Super App. Business-to-Consumer or B2C. The urge for multi-services app development among businesses sprouted from apps like Gojek, WeChat, etc., who are pioneers in the field of Super apps. Current trends.
As per a report by Google, Temasek Holdings, and Bain & Company, as many as 40 million people in six countries across the region — Singapore, Malaysia, Indonesia, the Philippines, Vietnam, and Thailand — came online for the first time in 2020.
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