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www.lazada.com. 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 ...
Lazada is part of Chinese technology giant Alibaba Group, while Touch 'n Go in turn is an indirect unit of Malaysia's second largest bank CIMB Group. Other investors include AIA and Ant Financial.
Zalora and Lazada Malaysia rapidly spread out to neighbor countries and are now among the top most visited and most efficient websites in Southeast Asia. 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.
Lazada's former CEO, Max Bittner asserted that GMV numbers can be easily inflated "by subsidy schemes and history shows that GMV falls away as unhealthy subsidies are removed." [26] In Malaysia, Shopee became the third most visited e-commerce portal in Q4 2017, overtaking Lelong, and replaced Lazada as the top app on iOS and Google Play app stores.
Alibaba Group Holding Limited, branded as Alibaba (/ ˌæliˈbɑːbə, ˌɑː -/), is a Chinese multinational technology company specializing in e-commerce, retail, Internet, and technology. Founded on 28 June 1999 [ 1 ] in Hangzhou, Zhejiang, the company provides consumer-to-consumer (C2C), business-to-consumer (B2C), and business-to-business ...
2C2P was founded in Bangkok, Thailand in 2003 by Myanmar -born computer programmer Aung Kyaw Moe. [4][5] In 2007, the company moved its headquarters to Singapore. [6] In 2009, 2C2P first secured a seed investment. [7] 2C2P has since received financial backing from venture capitalists Amun Capital, GMO Venture Partners and Digital Media Partners ...
BNP Paribas Malaysia Berhad. Bangkok Bank Berhad. Bank of America Malaysia Berhad. Bank of China (Malaysia) Berhad. Bank of Tokyo-Mitsubishi UFJ (Malaysia) Berhad. China Construction Bank (Malaysia) Berhad [1] Citibank Berhad (Sold to UOB Group Malaysia) Deutsche Bank (Malaysia) Berhad. HSBC Bank Malaysia Berhad.
Touch 'n Go eWallet is a Malaysian digital wallet and online payment platform, established in Kuala Lumpur, Malaysia, in July 2017 as a joint venture between Touch 'n Go and Ant Financial. [5] It allows users to make payments at over 280,000 merchant touch points via QR code; pay for tolls, street parking, payment on e-hailing, car-sharing apps ...