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GlobalData

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Payment cards continue to dominate Taiwan e-commerce market, reveals GlobalData

Payment cards remain the preferred payment method for online purchases in Taiwan (Province of China), collectively accounting for 53.6% share in total e-commerce payments in 2023, finds GlobalData, a leading data and analytics company. According to GlobalData’s 2023 Financial Services Consumer Survey*, around 94% Taiwanese consumers reported having shopped online in the past six months, […]
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Payment cards continue to lead e-commerce payments in South Korea with 54% share, reveals GlobalData

Payment cards remain the most preferred payment tool for e-commerce purchases in South Korea, collectively accounting for over half (54%) of the total e-commerce payments in 2023, signifying a strong preference for secure and convenient transactions among the online shoppers, finds GlobalData, a leading data and analytics company. GlobalData’s E-Commerce Analytics reveals that the e-commerce […]
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Card payments in Taiwan to grow by 14% in 2024, estimates GlobalData

The Taiwan card payments market is forecast to grow by 14% to reach TWD5.2 trillion ($167.6 billion) in 2024, supported by a constant consumer shift towards electronic payments, according to GlobalData, a leading data and analytics company. GlobalData’s Payment Cards Analytics reveals that card payment value in Taiwan registered a growth of 13.9% in 2022, […]
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Malaysia e-commerce payments to grow by 12.8% in 2024, reveals GlobalData

The Malaysia e-commerce market is anticipated to surge by 12.8% in 2024, driven by the ongoing shift of consumer preferences from offline to online shopping, finds GlobalData, a leading data and analytics company. GlobalData’s E-Commerce Analytics reveals that Malaysia e-commerce market registered 15% growth in 2023 to reach MYR44.6 billion ($9.8 billion), as consumers increasingly […]
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Alternative payments account for over 40% of Hong Kong e-commerce payments in 2023, reveals GlobalData

Alternative payment solutions are the preferred payment method for e-commerce purchases in Hong Kong (China SAR), collectively accounting for 41.7% share in 2023, reveals GlobalData, a leading data and analytics company. GlobalData’s E-Commerce Analytics reveals that e-commerce market in Hong Kong grew by 9.2% in 2023 to reach HKD158.3 billion ($20.2 billion), as increasing number […]
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