Worldwide smarphone shipments declined 0.5% in 2017, according to research firm IDC. It predicts that shipments will return to growth in 2018 and beyond.
The Business to Consumer (B2C) E-Commerce market in Southeast Asia surpassed US$6 billion in Q4 2017, registering a quarter-on-quarter growth of 28.5%, according to a latest report from business consulting firm Frost & Sullivan.
Over 90% of Chinese tourists would use mobile payment overseas if given the option, according to Nielsen and Alipay’s “Outbound Chinese Tourism and Consumption Trends: 2017 survey”.
Gobal sales of smartphones to end users totaled roughly 408 million units in Q4 2017, a 5.6 percent decline over Q4 2016, according to research firm Gartner. This is the first year-on-year decline recorded since Gartner began tracking the global smartphone market in 2004.
2017 ended with a bang: Uber closed a major deal with Softbank. Fake news dominated social media. Bitcoin and cryptocurrencies went mainstream. Initial Coin Offerings surpassed early-stage venture capital funding for internet companies. With all that’s been happening globally, everyone has been asking, what are the implications and what’s in store for the Southeast Asia (SEA) tech scene?
Vietnamese startups raised $290 million in 2017, 42 percent higher than $205 million last year, according to data collated by Hanoi-based edtech group and accelerator Topica Founder Institute (TFI).
Smartphone vendors shipped a total of 403.5 million units worldwide in Q4 2017, resulting in a 6.3% decline when compared to the 430.7 million units shipped in the final quarter of 2016, according to research firm IDC.
Ho Chi Minh City is experiencing a surge in startup activities, according to the first annual ‘Youth Mobility Index (YMI.Asia)’ report by DotAsia Organisation, the operator of the ‘.Asia’ regional top-level-domain.
Global app downloads exceeded 175 billion and consumer spending surpassed $86 billion in 2017, driven by emerging markets including China, India, Brazil and Russia, according to a new report from App Annie.
Mobile shopping app use jumped 54% in 2017 from the prior year, making retail the fastest-growing category among apps, analytics firm Flurry found.