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Bangkok Post
Bangkok Post
Business

Shift from promotions to profit

above  Competition in the e-commerce industry is expected to ease as platforms pivot towards sustainable growth and profitability.  VARUTH HIRUNYATHEB

After a decade of fierce battle in the e-commerce industry, offering huge promotions, subsidies and discount campaigns, the competition is expected to cool down as operators focus on profit and sustainable growth instead of burning cash to attract users.

Lazada and Shopee still dominate the e-marketplace segment in Thailand, while Facebook, Line and TikTok are riding the wave of social commerce.

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