Top 5 Online Stores in Singapore by Net Sales 2023

Which eCommerce Stores Lead in Net Sales in Singapore for 2023?

In 2023, the Singapore eCommerce market experienced notable net sales figures from its top five online stores. Leading the pack, amazon.sg emerged as the frontrunner with net sales totaling US$222.9 million, solidifying its position as a dominant force in the eCommerce sector. Following closely behind, apple.com secured the second position with net sales amounting to US$211.2 million, showcasing its strong presence and popularity among consumers. Claiming the third spot, fairprice.com.sg demonstrated a robust performance with net sales of US$207.2 million, highlighting its competitive edge in the Singaporean eCommerce landscape. In the fourth position, shein.com displayed a commendable performance with net sales reaching US$106.7 million, positioning itself as a key player in the market. Rounding out the top five, watsons.com.sg reported net sales of US$63.1 million, underscoring its reputation as a reliable online retailer in Singapore. The disparities in net sales among these top online stores reflect varying market strategies, consumer preferences, and product offerings, painting a picture of a dynamic and competitive eCommerce environment in Singapore.

Main Facts: Top 5 Online Stores in Singapore by Net Sales 2023

• Amazon.sg leads the top 5 online stores in the Singapore market by net sales in 2023 with US$222.9 million.
• Apple.com follows closely behind Amazon.sg with US$211.2 million in net sales.
• Fairprice.com.sg, Shein.com, and Watsons.com.sg are trailing behind with US$207.2 million, US$106.7 million, and US$63.1 million in net sales, respectively.