Ensogo leading in Thailand’s local deals site market

Ensogo, a LivingSocial company is the leading daily-deals websites in Thailand which estimated has 91 per cent market share and has registered 1.6 million members. Daily-deals is a type of e-commerce in which a website offers a single product for sales for 24-36 hours.

The chief executive and co-founder of Ensogo, Tom Srivorakul forecasted the online daily-deals market grows 110-120 per cent this year while the local business-to-consumer e-commerce market only expected to grow by 16-17 per cent to THB40 billion (or USD1.3 billion) this year.

Tom said the company expects to have 2 million registered members by end of this year even the global trend shows the number of deal websites is declining.

by Alice Lee

Author: VSDaily Editor

Share This Post On

Submit a Review

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>