BUKIT LANJAN: Impressive Lazada – RM100 million sales in a day but …

11 popular online shopping sites in the Philippines
12:30 PM at Mar 16, 2016
Talk about the hottest ecommerce markets in Southeast Asia, and the Philippines comes right at the top of the list. According to a 2014 study by Ken Research, the Philippines’ ecommerce market can expect a stupendous compound annual growth rate of 101.4 percent from 2013 until 2018, thanks to rising internet and social media adoption. So we’ve put together a list of popular online shopping sites and marketplaces in the country. Some of them are early players who remain strong, while some are new ones which have already caught up. This list isn’t exhaustive, so feel free to suggest more sites you think we missed. Go ahead and have a look … for more, go to https://www.techinasia.com/10-popular-ecommerce-sites-philippines

BUKIT LANJAN: Impressive Lazada – RM100 million sales in a day but …

It was enlightening to read The Star Online posting titled “Lazada Malaysia smashes sales record on Nov 11”.

Enlightening because it shows that Malaysians are, after all, not so lagging in the digital era – as far as e-commerce is concerned.

“That’s very good for Malaysians who have embraced cyberspace to keep up with global e-developments,” Gerakan Deputy Speaker Syed Abdul Razak Alsagoff said.

However, Syed Razak said, Malaysians must be cautious with their digital transactions, especially when it involves transfer of funds.

“Lazada is a proven reliable e-commerce App with a proven track record. However, there are many other so-called e-commerce Apps that are unreliable and they are being shared and promoted on social websites, especially Facebook,” he added.

“I have a friend who was billed RM1,628.87 by Citibank in October 2016. It was for an Apple phone which Citibank said was a valid transaction.

“Till today, he has yet to receive his Apple phone. And Citibank told this friend of mine that he has to deal directly with the merchant in Panama!

“So much for talk of customer service and protection. In fact, he had almost immediately informed Citibank to cancel the transaction and credit card,” he added.

For more statistics, go to http://www.lazada.com.ph/lazada-statistics/

Syed Razak, who is Gerakan’s nominee to contest N.37 Bukit Lanjan in the coming 14th General Election (GE14), said his friend was still waiting patiently for the delivery of his hand phone but “he doubts he will ever get it”.

“He is contemplating to take the trouble to lodge a commercial crime report with Bukit Aman but he says, on the other hand, let others be also cheated and they will lose confidence in the use of the bank’s credit cards,” he added.

Syed Razak said even paying via a credit card issued by Citibank to a merchant that was fully supported by Citibank did not guarantee a sale was good.

“What more via Apps,” he added.

Here’s what was posted by The Star Online:

"Lazada Malaysia smashes sales record on Nov 11

Monday, 13 Nov 2017
5:59 PM MYT
by m. hafidz mahpar

Resell says the successful start of Lazada's Online Revolution campaign shows "the growing trust and relevancy of e-commerce in Malaysia.”

KUALA LUMPUR: Lazada Malaysia has broken a new sales record on 11.11 when it kicked off its month-long Online Revolution campaign.

The Single’s Day event generated more than RM100mil of gross merchandise value (GMV), the online shopping portal said in a statement.

Lazada Malaysia chief executive officer Hans-Peter Resell said, “The successful start of our Online Revolution campaign showcases the growing trust and relevancy of e-commerce in Malaysia.”

Lazada Malaysia’s website and apps had about 10 million visits in a single day, representing a threefold uplift versus 2016.

At its peak, it recorded an estimated 1,400 transactions per minute, it said.

Lazada Malaysia said the highest selling products in the first 24 hours were Petronas Fuel Cards, Milo 2.2kg and Pineng Powerbanks.



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