Wednesday, December 16, 2015

How Lazada is building strong presence in internet retailing


Internet retailing in the Asia-Pacific has grown to a $285 billion dollar industry, according to the latest figures from market researcher Euromonitor.

Disposable incomes in the ASEAN are growing by leaps and bounds, but many consumers are located too far out from the city where there is a dearth of reliable delivery services.

One company that has managed to work around these challenges is e-commerce firm Lazada, which started out as an online electronics store and has since grown into Southeast Asia's number one online shopping and selling destination.

Maximillian Bittner, chief executive of the Lazada Group, expects robust online sales in the Philippines along with Thailand and Indonesia in Southeast Asia. -- ANC Market Edge, December 16, 2015

source: www.abs-cbnnews.com