As more and more people are engaging into online shopping, there are more and more online shops and retail sites emerging. And today let me share this great news about our favorite, Lazada, which is rapidly growing as one of the leading e-commerce retailer in Southeast Asia.
From the Press Release Kit:
In
just two years, Lazada
has rapidly established itself as the number one e-commerce retailer in
Southeast Asia. The Company has brought
the convenience of Internet shopping to customers across Malaysia, Indonesia,
Thailand, Vietnam and the Philippines.
Lazada’s growth
has been exponential, driven by its unique offering as an online shopping mall,
which understands the differing needs of consumers across a diverse region. The
company has also tapped into the growing trend for consumers in Southeast Asia
to shop online, particularly in rural areas where there are few physical retail
stores.
According to
Maximilian Bittner, chief executive officer of Lazada, “Lazada is a destination
website which meets the demands of customers across a complex region. We have successfully broken down the barriers
to e-commerce in these markets through solutions such as owning our own fleet
of delivery vehicles and offering cash on delivery.
Bittner added,
“The Company has seen exponential growth over the past two years and we are now
the leading online e-commerce business in Southeast Asia. I am proud to be
leading a team of people who strive for perfection every day and work
relentlessly to deliver incredible services to our customers”.
The company now
receives over a million of visit to its website every day, which has
state-of-the-art distribution center in every market it operates. From small
number of employees, Lazada has now grown significantly across the five
regions.
The company
also has raised approximately $430 million from leading investors including JP
Morgan, Kinnevik and Tesco, which has helped further fuel its growth.
In the
Philippines, Lazada (www.lazada.com.ph) is considered as one of the largest online shopping mall,
which provides fast, convenient and
secure online shopping experience combined with an extensive product offering
in categories ranging from mobiles & tablets and consumer electronics to
household goods, toys, fashion and sports equipment.
The company is
continuously striving to offer its customers the best possible shopping
experience with multiple payment methods including cash on
delivery, extensive warranty commitments and free returns.
Lazada is owned by Germany-based start-up incubator
Rocket Internet.