Citi TTS - HackMD

# Citi TTS ## Super APP [What Makes Some Apps Super?](https://bit.ly/3aYrNeY) With APAC customers mainly getting access to the internet through smartphones, Weget is on the right track to develop a supper app that contains different functions in one user experience. (https://bit.ly/3aYrNeY) However, The existing giant competitor such as Grab and Go-Jek have already accounted for the significant market share in Indonesia, Singapore, Thailand, and Vietnam. source: https://www.rapyd.net/blog/the-top-6-super-apps-in-asia-and-what-they-reveal-about-a-global-trend/ ## WeGet Move(Logistics) The APAC last-mile delivery market accounted for US$500.3 M in 2018 and is expected to grow at a CAGR of 19.0% over the forecast period 2019-2027, accounting for US$2,292.6 M in 2027. The growing demand for express delivery services and the integration of mobile technologies into logistics services are the main driving factors that boost the last mile market growth. Furthermore, the growing e-commerce sector demands efficient logistics and supply chain demand, expanding the last-mile delivery market. The major driving factor for the development in e-commerce and last-mile delivery is that the buyer can purchase from and receive the package at the most convenient location. ## WeGet Taxi(Ride Hailing) * [Here’s why APAC ride-hailing apps are turning into super apps](https://bit.ly/30DC925) [Asia-Pacific captured a major share of the market, accounting for 43.83% of the global ride hailing market, in 2020](https://bit.ly/3DXADq3) [Global Ride-Hailing Service Market Expected to Reach $126,521 Million by 2025](https://bit.ly/3jGBGTJ) APAC captured a significant share of the ride-hailing market globally, which accounts for 43.83% in 2020. With the fact that severe traffic congestion and low delivery fare compared to others transportation. The demand for motorcycles or bike rides soars drastically. India is believed that the second-most populous country in the world and most of its uses fall under the middle-class category who utilize cand for commuting short distances. Asia-Pacific is anticipated to exhibit the highest CAGR during the forecast period. ## WeGet Food(Food Delievery) Southeast Asia(SEA) is expected to reach US$2.8 billion in food delivery transactions by 2025. The expected significant growth can be led by the growing markets such as Vietnam and the Phillippines, which account for the food's delivery Gross merchandise value (GMV) grow 35.8% and 32.2%, respectively. Social distancing and lockdown measures are the main driving factors for the new customer to migrate online for food delivery. Also, the majority of cashless food delivery transaction nowadays from the largest SEA cities, where have the developed infrastructure and internet access. Markets analysts believe that the subsequent round growth will come from small cities and the growing middle-class segment that hasn't stepped into the cashless transaction ecosystem. * [Top 5 Food Delivery Apps In APAC](https://bit.ly/3pk75yT) * [Top 10 Food Delivery Apps in Southeast Asia: Check Everything About the Key Players!](https://bit.ly/3vqN9va) * [Food Service Market in APAC to grow over $ 317 Billion between 2021-2025 | Technavio](https://prn.to/3CbzBWI) [Southeast Asian food delivery market to hit $28b by 2025, report says](https://bit.ly/3B3zbjY) [Food Delivery On The Rise In ASEAN](https://bit.ly/3lXwGva) [The Roller Coaster of Food-Delivery Companies in Asia (I) ](https://bit.ly/30zlSLw) [Food delivery in South East Asia almost tripled in 2020, accelerated by COVID-19](https://bit.ly/3BZ9vWY) ## WeGet Shop(e-Commerce) [APAC’s Booming Ecommerce Market in 2021](https://bit.ly/3G3y87g) > E-commerce has become one of the fastest-growing industries in the APAC region in 2020 due to the lockdown. Moreover, this industry is continuing to expand significantly in 2021 as well. Analysts predict that e-commerce to grow at a rate of 8.2% between 2020 and 2025. APAC remains the largest market for digital sales amounting to nearly 2.992 trillion in 2021. [Ecommerce goes mainstream in APAC: Reprise ](https://bit.ly/3lXxqQW) ## WeGet Pay(Payments) [How digital payment solutions enable businesses across APAC to control finances](https://bit.ly/3G3PzVp) >In APAC, cashless payment transactions are growing significantly. However, approximately 628 million small and midsize enterprises (SMEs) account for over 98% of enterprises in APAC. Unlike larger businesses, SMEs tend to suffer from having no access to the financing and funding opportunities to help them grow and scale faster. Also, seven out of ten adults have limited access to the bank account to enjoy financial services in the region. * Competitors: * Grab(Indonesia, Singapore, Thailand, Vietnam) * Go-Jek(Indonesia, Singapore, Thailand, Vietnam) * TTS products: * Coupa-pay Super APP https://bit.ly/3C86tj7 Fact about india https://bit.ly/3npguSY https://bit.ly/3E7eplj User and penetration https://en.wikipedia.org/wiki/List_of_countries_by_smartphone_penetration https://bit.ly/3B2QP7n