Press release content from Business Wire. The AP news staff was not involved in its creation.
Saudi Arabia Gift Card and Incentive Card Market Intelligence and Future Growth Dynamics Report 2021-2025 - ResearchAndMarkets.com
February 25, 2021 GMT
DUBLIN (BUSINESS WIRE) Feb 25, 2021
The gift card market in Saudi Arabia has witnessed change in consumer behavior due to the pandemic.
There has been shift from physical gift cards to e-gift cards as consumers prefer safe and convenient gifting options for family and friends especially during festive season. Though adoption of e-gift cards has been increasing prior to the pandemic, the penetration has further increased as consumers confine themselves to their homes due to fear of spread of coronavirus.
Press release content from Business Wire. The AP news staff was not involved in its creation.
2021 Southeast Asia B2C E-Commerce Market Report to 2025 - Players Include Alibaba, Amazon and Central Online Among Others - ResearchAndMarkets.com
February 26, 2021 GMT
The B2C E-Commerce market in Asia saw significant growth during the coronavirus pandemic and was expected to continue its lead over other world regions.
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Moreover, as a result of consumers’ shopping behavior shift towards online purchasing, numerous E-Commerce platforms generated considerable revenue since the start of the COVID-19 pandemic. There were several major players in the online market, Amazon, JD.com, Pinduoduo, Shopee, Lazada were among them.
Press release content from Business Wire. The AP news staff was not involved in its creation.
Singapore Gift Card and Incentive Card Market Intelligence and Future Growth Dynamics Report 2021-2025 - ResearchAndMarkets.com
February 25, 2021 GMT
DUBLIN (BUSINESS WIRE) Feb 25, 2021
The gift card market in Singapore grew despite impact on socio-economic environment by the COVID-19 outbreak.
While the pandemic has negatively impacted growth across key industries, there has been a large-scale adoption of digital payment both by retail and business consumers. Supported by broader industry trends, and shift in consumer behavior, overall gifting and gift card industry has witnessed fundamental changes. Consequently, sale of digital gift card has witnessed sharp increase.
Press release content from Business Wire. The AP news staff was not involved in its creation.
South Korea Gift Card and Incentive Card Market Intelligence and Future Growth Dynamics Report 2021 - ResearchAndMarkets.com
February 16, 2021 GMT
DUBLIN (BUSINESS WIRE) Feb 16, 2021
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Gift card market in 2020 was driven a wide range of factors, which supported growth across retail and corporate segments. The primary factors included growth of ecommerce, increased adoption to incentivize employees working remotely, digital gifting, and initiatives undertaken by government, hospitality, and travel industries to revive growth. Though the gift card market was impacted due to COVID-19, the market is expected to bounce back in the coming quarters, especially in H1 2021.