Search results
Results from the Tech24 Deals Content Network
Ltd. Lazada Group ( Chinese: 來贊達; t/a Lazada) is an international e-commerce company and one of the largest e-commerce operators in Southeast Asia, with over 10,000 third-party sellers as of November 2014, and 50 million annual active buyers as of September 2019. [3] [4] [5] [needs update] Backed by Rocket Internet, Maximilian Bittner ...
Its founders point to a report by Foxmont Capital, another venture firm focused on early-stage Philippines startups, that show funding in the country grew to $1.03 billion in 2021 and $1.1 billion ...
Lazada grew 80% to hit 130 million annual active consumers in the 18 months ended September, according to a presentation at Alibaba’s investor day on Thursday. Its monthly active users as of ...
Lazada warehouse in Cabuyao, Laguna, Philippines during the company's 11.11 sale promotion in 2018. Lazada Group is a subsidiary of Alibaba Group and Alibaba co-founder Lucy Peng Lei is CEO of the company. In February 2015, Alibaba invests US$590 million in Meizu, acquiring an undisclosed minority stake.
Since the Philippines’ payment sector is fragmented, customers can pay back their BNPL loans a variety of ways, including digital wallets, bank transfers, direct debit, linking their bank ...
E-commerce or electric commerce in Southeast Asia is the buying and selling of products and services over the internet in the countries of Southeast Asia. These practices reached Southeast Asia during the dot-com mania in the 1990s. After the dot-com bust, local e-companies have seen promising growth in this sector.
Rocket Internet created Lazada to build an e-commerce business model that would span major Southeast Asian markets, including Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam.
In 2017, Shopee launched Shopee Mall with 200 brands in Singapore and the Philippines.The dedicated portal features thousands of products sold by leading brands and retailers in the region. Shopee Mall was created to offer a more diverse online shopping experience and to better cater to larger brands looking to pursue an omni-channel approach.