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Company Profile
| Lazada Philippines, Makati, Philippines | |
| Updated: 10/2016 | |
DESCRIPTION: Lazada Group was founded in 2012 by Rocket Internet in Singapore with the intention of establishing the Amazon.com business model in Southeast Asia to take advantage of the nascent online consumer market and Amazon's weak presence there;[1][2] Rocket is a German incubator that builds companies that copy the business models of successful US tech companies in emerging markets.[1][3][4] Lazada's e-commerce websites soft launched in 2012 in Indonesia, Malaysia, the Philippines, Thailand and Vietnam.[5] It raised four rounds of funding in 2012 and early 2013: JP Morgan invested an undisclosed amount in September, Swedish retailer Kinnevik invested $40 million in November, German private equity firm Summit Partners invested $26 million in December, and Tengelmann invested about $20 million in January 2013.[6] It also added a 2-day guaranteed delivery services, addressing one of the most common complaints about Lazada's service,[6] | |
| MISSION: n/a | |
| GENERAL INFO | |
Year Established: 2014 Sector: Marketing Industry: Sales And Marketing Employees: 100 Number of Jobs Listed: 0 (View All Active Jobs of Lazada Philippines) | |
| FINANCIAL INFO | |
Revenue: n/a | |
| Ownership: Private | |
| LOCATION | |
Headquarters: Makati City Metro Manila,PH Web Site: http://lazada.com
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