Guosen Securities: Southeast Asia and Latin American e-commerce markets are expected to grow by double digits.
Guosen Securities released a research report stating that middle-income countries have a good environment for the development of e-commerce and express logistics industries, which is more friendly to new entrants. The bank expects that in the near future, the e-commerce market in Southeast Asia and Latin America will both see double-digit growth, with the express market expected to achieve a growth rate of around 20%. The main potential of Southeast Asia lies in its trend, currently benefiting from economic development and investment in e-commerce, with a positive trend and even a certain acceleration trend. It is recommended to pay attention to Jituw Express-W.
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