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The internet penetration in Hong Kong is high, at 89.4 percent. The average annual online spend in Hong Kong robust at $1,992.06. Travel, Health and Beauty, and Consumer Electronics remains the top three e-commerce categories in Hong Kong.
Demand for online shopping in Hong Kong is increasing, the infrastructure is already in place to meet higher delivery volumes.
Let’s take a look at an example of e-commerce, HKTV MALL:
HKTV Mall put full force In action from 2018, the platform achieved a great sales of HK$482 million (US$62 million) in Feb 2020. Due to their wide variety of goods selection, good quality product range and excellent logistics system, their orders have surged year on year from an average of 12,300 a day to 32,600 in 2020, attracting 823,000 unique customers.
Example shows that Hong Kong is adopting the e-trend, start relying more on online especially during the COVID pandemic, it changes the Hong Kong people’s shopping behavior. The increasing e-shoppers trend in the city always allows greater business opportunity.
Buy2SELL HK provides direct drop shipping to Hong Kong with a selection of more than 30,000 skus, a good medium to step your brand into Hong Kong market.
Source: HKTV Investor Relations
Credit to: startmeuphk