As a company, we have spread wings across the globe, but Southeast Asia is where I find the perfect summation and confluence of diverse cultural flows. There is great balance between tradition and innovation. In Manila for the Forbes 30 Under 30 summit, I can’t help but marvel the power of innovation in bridging cultural and generational gaps across the world.
Our expectations as a customer have increased exponentially thanks to the ever-evolving technology. For example, now we expect our couriers to be delivered to us at our convenient location and time in the most optimum condition. According to Business Insider, “APAC accounted for 40% of global e-commerce sales in Q1 2017”
Asian retail and e-commerce market has grown leaps and bound in the past year and there is good reason to celebrate. What was once thought to be a red tape wasteland of opportunities, is turning out to be quite the temptress for all major corporations in the world. How did this transformation happen? How did Asian market become the darling of industries such as retail, FMCG, e-commerce, manufacturing, etc.?
Blacks turning White. No, it is neither a fairness cream joke nor racial sarcasm. However, it is all about a sudden surgical strike by the incumbent government of India on the people with a room full of undeclared income or in simpler words “Black Money”.