Lazada Updates & News.docx -...

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Sample presentation illustration:  https://www.lazada.com/sellercenter/ph/service- providers/fulfillment-by-lazada/?spm=a2o4l.cms.0.0.7805ff22AwARl3   As technology continues to evolve, consumer behaviors and expectations will continue to change to take advantage of emerging technologies. Lazada.com.ph is part of Lazada Group which operates Southeast Asia’s number one online  shopping and selling destination in Indonesia, Malaysia, Philippines, Singapore, Thailand and  Vietnam. Pioneering eCommerce in the region, Lazada provides customers with an effortless  shopping experience and retailers with simple and direct access to the largest customer base in  Southeast Asia.  https://www.rappler.com/brandprofile/lazada-ph The digital shift has changed the way we buy things. Printed catalogs, brick and mortar stores, and even cashiers have be en replaced by images, boxes, and virtual shopping carts that make up an online shopping platform. Effortless shopping experience. E-commerce ‘biggest entrepreneurial opportunity’ in PH — Lazada CEO Read more: http://business.inquirer.net/226133/e-commerce-biggest-entrepreneurial-opportunity-in- ph-lazada-ceo#ixzz4zceJlitx Follow us: @inquirerdotnet on Twitter | inquirerdotnet on Facebook For a company that prides itself as the biggest online shopping destination in Southeast Asia, the five-year-old Lazada Group still has a lot to learn in the field of e-commerce, according to its cofounder and CEO Inanc Balci. In April 2016, Chinese e-commerce giant Alibaba sealed a $1-billion deal with Lazada and bought $500 million in new shares as part of its expansion plain in Southeast Asia, its biggest overseas investment yet to date. Another milestone that Lazada marked last year was its integration with Singapore-based grocery e-commerce RedMart. Our partnership with Alibaba] is going great. We are learning a significant lot of things from Alibaba. It is as if we are a child in a primary school and we are learning every day and we are
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applying those learnings in our business at the strategic level,” Balci said at Lazada’s fifth anniversary event in Makati on Tuesday. “What we are doing at the moment, this is one of the learnings that we got from Alibaba, is we focus on our core business and we are creating an ecosystem among ourselves,” he added. Balci said Lazada sent five of its merchants last month to the Alibaba Campus in China “so that they could get the best training from Alibaba sellers, merchants, and trainers.” Lazada, a one-stop online retailer based in Singapore, was launched in Indonesia, Malaysia, Vietnam and the Philippines in 2012 and in Singapore in 2014. Today, with over 2,000 employees, Balci said the company occupies a 91-percent share in the Philippines’ e-commerce category in just five years of existence, selling about 6.3 million items and more than 14,000 brands.
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