725 views
Chart from Airwallex

TikTok dominates SG market for cross-border shopping

A quarter of consumers prefer shopping on the platform.

When making cross-border purchases on social media platforms, most consumers in Singapore prefer TikTok (25%), data from Airwallex showed.

Instagram emerged as the second most popular social media channel for cross-border purchases (23%), followed by Facebook (22%), and YouTube (16%).

Most consumers in Singapore buy internationally via social media because of better deals and offers (52%).

Some shop on social media because of personal recommendations (47%), interactive online selling (43%), and quicker purchases by avoiding redirection to the merchant’s website (41%).
 

Join Singapore Business Review community

Follow the link for more news on

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.