With a population of 68 million, Thailand is the second largest economy in South-east Asia after Indonesia with a GDP of US$397.475 billion.
It has an internet penetration rate over 40%, approaching 30 million users, and fits the model of Asian countries undergoing a digital revolution allied to an increase in middle class wealth.
Thailand’s online retail market is one of the largest in South East Asia, valued at USD3 billion with a significant potential growth rate.
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Thailand is the second largest economy in South-east Asia after Indonesia with a GDP of US$397.475 billion as of 2015.
80% are using bank transfer as their mode of payment online or debit as their second option.
56% of Thais are willing to buy products offshore for better prices.
Fulfilment for ecommerce Merchants wanting to do business in Thailand is getting easier, as indicated by DHL’s early 2016 announcement of a domestic delivery service.