Lazada SG Coupon Codes May 2024

Instituted by Rocket Internet in 2012, Lazada.sg is Singapore’s premier online shopping website owned by Lazada Group, it is a Southeast Asian e-commerce company, owned by Alibaba Group. The Group with its sites in Indonesia, Malaysia, Philippines, Singapore, Thailand, and Vietnam had raised approximately US$647 million over several investment rounds from its stockholders such as Tesco, Summit Partners, JPMorgan Chase, Investment AB Kinnevik, Temasek Holdings, and Rocket Internet. They are one of the top online shopping and selling destinations in Southeast Asia. With 400,000 sellers and 3,000 brands serving 560 million consumers in the region through its marketplace platform, supported by a wide range of tailored marketing, data, and service solutions, they are on top of the charts with the quality products on offer. Find your way through to Lazada voucher codes and enjoy the top products at reduced prices. Its sites were introduced in March 2012, with a business model of selling catalog to the clientele from its own warehouses. In 2013 it added a bazaar model that allowed third-party retailers to sell their products through their site; the marketplace successfully accounted for 65% of its sales by the end of 2014. In April 2016, Alibaba Group bought controlling stake in Lazada to support Alibaba's expansion plans in Southeast Asia. In August 2018, they have cemented themselves as the largest e-commerce operator in Malaysia, Vietnam, Thailand, and the Philippines, based on average monthly web visits. Make sure you avail the best offers on these dazzling deals through Lazada discount codes.