Coronavirus pandemic got Hong Kong to embrace e-commerce, and ‘trend looks likely to stay’
- Those in sector say disruptions to brick-and-mortar businesses have been a boon for online platforms
- Co-founder of GoGoX, the home-grown, app-based logistics platform, says business has grown at least threefold over past year
Hong Kong finally jumped on the e-commerce bandwagon over the past year as social-distancing measures related to the Covid-19 pandemic kept residents at home, with industry leaders saying they expect the changes to stick – even in a post-coronavirus world.
Bill Lee, director of new verticals for Hong Kong at online food delivery platform Foodpanda, said the city had been catching up with its Singaporean counterparts, driven by the necessity to adopt e-commerce amid the pandemic.
One of Foodpanda’s latest investments sought to tap into a segment called “quick commerce”, with groceries ordered through the app delivered in just 15 minutes, Lee said.
Average takeaway delivery times, he added, had also been reduced from nearly 50 minutes in 2018 to just around 20 minutes at present.
Reeve Kwan, co-founder of GoGoX, the app-based logistics platform, said he was delighted to see strong growth in his industry as the Covid-19 pandemic propelled sales to move online. GoGoX, formerly GoGoVan, is a home-grown delivery and van-hailing start-up that first launched in 2013.