Digital retail and e-commerce is a thriving industry in Singapore, where favorable tax structures and efficient business operations cultivate positive revenue outcomes. The country is host to many multinational e-commerce companies as well as local brands. Read on to learn more about top e-commerce companies in Singapore.
Singapore E-commerce companies
- eBay
- Amazon
- Lazada
- Ezbuy
- RedMart
Top E-Commerce Companies in Singapore
Founded in 2009, Sea claims to be Southeast Asia and Taiwan’s leading consumer internet company. Its businesses include Shopee, an e-commerce platform; Garena, a global games company; and SeaMoney, a digital payments and financial services provider.
Cube Asia provides market data and insights on e-commerce across Southeast Asia to help brands and retailers drive profitable online growth. Its subscription-based platform offers e-commerce intelligence for brands, retailers, consulting firms and investors.
Lazada is an international e-commerce firm that serves Southeast Asia. Through its own direct warehouse sales and its network of more than 10,000 third-party sellers, it offers a wide range of consumer goods and is often called “the Amazon of Southeast Asia.” Lazada serves more than 50M active customers.
Riot Games is a video game developer, publisher and e-sports tournament organizer, known for its first title, League of Legends. While players can access the games for free, it primarily monetizes its gaming experiences through a microtransaction-based revenue model. Players can make in-game purchases for virtual good that can enhance the gaming experience. Headquartered in the United States, the company has offices throughout Europe, Australia and Asia.
The original digital auction site, eBay is a platform where users can buy and sell nearly any legal item. Using either the auction model, where users bid for an item, or a flat-price instant-purchase model that is familiar to standard e-commerce, sellers price their items as they choose and function as their own shipping and distribution providers.
Headquartered in Singapore, Moglix is a B2B commerce platform specializing in supply chain management. It focuses on the digital procurement of industrial supplies, including maintenance, repair and operations; safety equipment; electrical and lighting; cleaning and laundry supplies; office essentials; tools and more.
RedMart is an e-commerce supermarket, where customers can select and purchase their food and beverage products for delivery. Using a 350,000-square-foot distribution center with automated storage and retrieval allows the company to offer fast delivery and competitive pricing. Owned by Lazada since 2016, RedMart operates independently.
Amazon, the multinational company that has, in many ways, defined the modern era of e-commerce, is a digital marketplace where customers can purchase goods directly (including Amazon branded products and retail items) as well as from third-party sellers. It facilitates sales for many small businesses as well as drop shippers and brand-name retailers.
Zeemart is Singapore’s first B2B platform designed for the hotel, restaurant and catering industry. It helps businesses make smarter purchasing decisions by connecting buyers and suppliers through a user-friendly mobile app. The platform offers various products, including fresh food and kitchen equipment.
Ezbuy, based and headquartered in Singapore, is one of the country’s largest e-commerce platforms. Like a digital big box store, it sells a broad range of consumer goods including clothing, shoes, accessories, home and garden equipment and personal care products. Ezbuy offers “borderless shopping and shipping,” such that consumers in other countries can order directly, with the retailer managing cross-border shipping.
