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That is why international investors such as JP Morgan, Kinnevik and Summit Partners invested millions of dollars in Lazada, seeing the huge potential in the Southeast Asian market. [8] In Thailand, WeLoveShopping was established in 2004 as a C2C online marketplace by Ascend Group, a spin-off of True Corporation and a subsidiary of C.P. Group.
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]
Ascend Group is a privately owned e-commerce company headquartered in Bangkok, Thailand as a spin-off of True Corporation. [3] It marked its $150-million expansion by launching their affiliates in the Philippines , Indonesia and Vietnam , plus hard to reach economies like Myanmar and Cambodia .
The company is partnered with companies like Lazada, Zalora, Central Group, Groupon, Rakuten, which has products in their price comparison database. [8] As of 2014, the website has 5,000 stores on Priceza Thailand and another 5,000 stores on Priceza Indonesia, with a total amount of 1.6 million products in Thailand and two million products in ...
King Power's cash cow is the proprietary concession of Thailand's duty-free business." [2] The company is the largest duty-free retailer in Thailand. Its duty free shopping mall in Bangkok's central business district covers over 12,000 square metres (130,000 sq ft) [3] and it has branches at Suvarnabhumi Airport and Thailand's other major ...
Across the APAC region, ShopFest puts together major shopping events during the year end sale season. ShopFest starts in September (November for Australia) and lasts for 4 months till December. Regionally, ShopBack holds the 9.9 Sales, 10.10 Sales, 11.11 Sales, Black Friday Cyber Monday Sales and 12.12 Sales. [ 19 ]
A Lazada warehouse in Cabuyao, Laguna, Philippines in 2018. Third-parties can ship inventory to customers from Lazada's warehouses and sell their products through Lazada's online marketplace. Online marketplaces are information technology companies that act as intermediaries by connecting buyers and sellers.
Robinson Department Store is a Thai owned department store. It was established in 1979 and was merged with Central Group in 1995. It is positioned as a mid-market retailer. The company, Robinson Public Company Limited, was registered in the stock exchange of Thailand in 1992 under the ticker SET: ROBINS. It is listed on the SET50 index. The ...