The marketplace question in Southeast Asia sounds simple. It isn't. Shopee, TikTok Shop, and Lazada each have different audiences, different business models, and different economics. Choosing wrong doesn't just limit your reach — it misaligns your brand with the wrong buyer at the wrong price point.
| Shopee | TikTok Shop | Lazada | |
|---|---|---|---|
| Positioning | Mass-market engine | Discovery commerce | Premium brand platform |
| GMV share (2025) | 53% (~$83B) | 28% ($45.6B) | ~19% |
| Avg order value | $13–15 | $4.50–6 | Higher |
| Seller fees | 2–8% | 2–14.5% | 2–6.5% |
| Buying behaviour | Search-led | Impulse-driven | Brand-conscious |
| Best for | Volume & reach | Visual, trend-led products | Premium & global brands |
The region isn't one market. Platform rankings shift meaningfully by country — particularly in Indonesia, where TikTok's Tokopedia merger reshapes the competitive order.
| Country | #1 | #2 | #3 | Note |
|---|---|---|---|---|
| Indonesia | Shopee | TikTok/Tokopedia | Lazada | Largest market, 37% of SEA GMV |
| Malaysia | Shopee | TikTok Shop | Lazada | +47.6% YoY growth |
| Thailand | Shopee | TikTok Shop | Lazada | +51.8% YoY — co-fastest growing |
| Vietnam | Shopee | TikTok Shop | Lazada / Tiki | Shopee + TikTok = 97% of market |
| Philippines | Shopee | TikTok Shop | Lazada | TikTok overtook Lazada in beauty & apparel |
| Singapore | Shopee | Lazada | TikTok Shop | Lazada holds #2 — the only market where it does |
No single platform wins everywhere. The best strategy matches your product, content capability, and target country — then expands from there.
All three platforms raised commissions in 2025–2026. Effective all-in take rates — including commissions, transaction fees, ads, and mandatory promotions — now reach 20–25% on post-discount sales. Before committing to a platform, model your fully-loaded unit economics, not just the headline commission rate.
Shopee added a 5% technical fee in early 2026. TikTok Shop raised Vietnam commissions to 12.5%. Lazada has the lowest headline rate — but the smallest audience. No platform is cheap to sell on at scale.
Marketplaces are powerful distribution channels — but they're rented audiences. Winning brands use them to generate revenue while simultaneously building a brand presence and customer base they own. That means marketplace strategy should sit inside a broader brand and digital strategy, not replace it.
At Glyde, our E-Commerce Operations practice covers Shopee, Lazada, and TikTok Shop across Singapore and Southeast Asia — from initial setup and listing optimisation to campaign management and performance analytics.
The Glyde Growth Framework
01
PositionBrand strategy02
DesignVisual identity03
BuildWebsite & assets04
MarketSEO · Ads · Social05
ScaleSustainable growthGlyde sets up and manages Shopee, Lazada, and TikTok Shop for brands launching and operating across Southeast Asia.
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