The next retail war in South-east Asia: marketplaces vs GPT prompts
People can also buy directly on these chatbots
[SINGAPORE] E-commerce players in South-east Asia are trying to catch up to Shopee, but consumers might soon do their shopping on artificial intelligence (AI) tools such as ChatGPT instead of online marketplaces.
Known as GPT-based or agentic commerce, this new way of shopping allows consumers to search for product information, dig deeper into reviews, and compare products within their conversations on AI tools.
People can also buy directly on these chatbots. Earlier this week, OpenAI released its Instant Checkout feature in the United States. Initially available for Etsy purchases, the feature will soon be expanded to include Shopify merchants.
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
MAS convenes bank CEOs over AI cyberthreats; boards told to own risks, not leave to IT teams
Is it time to scrap COE categories for cars?
