Lazada Group
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Lazada Group - overview
Established
2012
Location
Singapore, -, Singapore
Primary Industry
Internet
About
Founded in 2012 and based in Singapore, Lazada Group is an e-commerce company providing an online platform that enables customers to connect with brands and retailers to buy products online. It has branches in Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam, and fulfillment centers across 17 Southeast Asian cities. In 2016, Lazada became the regional flagship of the Alibaba Group. In 2018, it launched LazMall on the Lazada platform.
It raised USD 352. 9 million in strategic investment from returning investor Alibaba Group in April 2023. The company's business includes virtual mall LazMall, Lazada Marketplace, and cross-border. It also provides retailers an end-to-end logistics service and payment services.
LazMall connects shoppers to over 32,000 leading international and local brands, which offers consumers the assurance of 100% product authenticity, guaranteed fast delivery, and a 15-day return policy. Lazada Marketplace merchants sell a wide range of products across 18 categories, including health & beauty, fashion, home & living, mother & baby, mobile devices, and home appliances.
Current Investors
Rocket Internet SE, Summit Partners, Tengelmann Ventures Management
Primary Industry
Internet
Sub Industries
Clothing, Consumer Electronics, Consumer Products, Web Applications, Software, Sales & Marketing Software
Website
www.lazada.com
Verticals
E-commerce, Mobile Apps
Total Amount Raised
Subscriber access only
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