From 2011, the number of online shopping site emerging in Myanmar is dramatically increased. Today more than 30 online shopping websites is operating in the country. Some are from global companies, but some are local based company, which they launched their online shopping websites. Some includes –
The biggest barrier of them to go forward is online payment system, because people in Myanmar don’t still get used to with online payment system and there is still no the perfect online payment system appeared in the country. Global online payment system such as PayPal and MasterCard could still not be used in the country due to sanction.
Then many local IT organization developed many online payment system like the named Myanpay, Mobile-money, MPU and so on. But it seems each of it still need to get developed. So cash on delivery system became popular in the country. But only few people still use online to buy anything. Most people buy fancy things like phone cover, casing, cosmetic and fashion products. As the people are using Facebook in constant, some organization and entrepreneurs focused on shopping service based on Facebook Pages. It seems they got success also because some people only tried to buy by seeing pictures and content on Facebook Pages.
Some website had stopped running because they didn’t left investment or they lost trust on it. But many are running by passion to see the day when Myanmar become a big market in south-east Asia. Global experts predicted that more E commerce website would seem in Myanmar in the future.
Author: Aung Kham