S-E Asia's luxury market taps mobile technology
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[NEW YORK] As South-east Asia emerges as an important growth market for luxury, companies are facing the challenge of selling to a customer base that is constantly connected to the Internet through mobile devices.
And compared with customers in other regions, those in South-east Asia are especially attached to their smartphones.
According to a September report by the global information and measurement company Nielsen, 87 per cent of Singaporeans and 80 per cent of Malaysians own a mobile device - much higher rates than the 65 per cent tallied in the US.
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
OCBC is said to emerge as lead bidder for HSBC Indonesia assets
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore