Are we ready for the future of retail?

The global retail industry is on the rise and though it was once dominated by the Western world, most of the opportunities are to be found in Asia-Pacific, home to more than half of the world’s mobile subscribers. Southeast Asia’s internet economy alone is predicted to exceed $240 billion by 2025, a joint study by Google and Temasek projected.

Beyond southeast Asia, the giants that are China and India are expected to further drive this growth. With almost 1.4 billion people in China and 1.3 billion people in India, undoubtedly, Asia is home to the retail ecosystem with vast communities of consumers, retailers and partners that are rapidly reshaping the retail landscape worldwide.