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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.
Electronics & Media is currently the leading product category in the Philippines, accounting for US$618.6 million market share, followed by Toys, Hobby & DIY, which generates US$336.5 million in sales. 47% of Filipino shoppers like to pay with cash on delivery when shopping online.
In 2018, Shopee launched the China Marketplace portal that offers shoppers easy access to products from Chinese merchants, without any shipping and agent fees in Singapore and the Philippines. The portal competes with Lazada's Taobao Collection option.
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.
Free shipping is a marketing tactic used primarily by online vendors and mail-order catalogs as a sales strategy to attract customers.
Alibaba Group Holding Limited, branded as Alibaba, is a Chinese multinational technology company specializing in e-commerce, retail, Internet, and technology.Founded on 28 June 1999 in Hangzhou, Zhejiang, the company provides consumer-to-consumer (C2C), business-to-consumer (B2C), and business-to-business (B2B) sales services via Chinese and global marketplaces, as well as local consumer ...
SM Investments Corporation ( SMIC ), also known as SM Group, is a Filipino conglomerate with interests in various sectors, mostly in shopping mall development and management, retail, real estate development, banking, and tourism. [3] [4] Founded by Henry Sy, it has become one of the largest conglomerates in the Philippines, [5] being the ...
Comcast on Tuesday announced that its new streaming bundle that packages its Peacock service alongside Netflix and Apple TV+ will cost Xfinity internet and TV customers $15 a month.
Amazon launches its Amazon Prime service, which allows users to expedite shipping on any purchases for a flat annual fee. 2006 Major launch Online storefront service Shopify, a prominent storefront service, launches. ` 2006 Acquisition N/A Tradera is acquired by eBay.com for approximately $50 million. 2007 Acquisition N/A
Alipay was introduced to the Philippines in 2018 by Asia United Bank (AUB). AUB also introduced WeChat Pay , and intends to use both payment systems to cater to Chinese tourists visiting the country.