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Lazada Singapore's Marketplace Announces Triple Sales Growth In Conjunction with Second Birthday Celebration

2016-03-11 10:45 5155

SINGAPORE, March 11, 2016 /PRNewswire/ -- Lazada.sg cements its position as one of the fastest-growing marketplace and leading online shopping and selling destination. According to Google Trends, interest in Lazada Singapore grew 33 times since inception. In conjunction with its second birthday celebration in March, the company reports a three-fold growth in sales and a four-fold increase in the number of orders.

Lazada Singapore turns 2 and we’re celebrating with a massive sale from 15-18 March.
Lazada Singapore turns 2 and we’re celebrating with a massive sale from 15-18 March.

Almost half of Lazada's sales in Singapore came from mobile browser and application as more customers are shopping-on-the-go.

The marketplace has also grown to over 3,000 sellers offering more than 2.5 million local, international and exclusive products as of end December 2015. Lazada's marketplace allows brands and merchants the opportunity to sell their goods to a nation-wide audience, and supports them with an end-to-end model from order to delivery, as well as marketing and analytics.

Martell Hardenberg, CEO, Lazada Singapore, attributes the company's performance to the vision they set out with as well as their strong relationships with sellers and partners who have come online to build their business.

"Thanks to the amazing support of our customers, sellers and partners, Lazada Singapore can look back to another year of stellar growth. When we launched two years ago, our mission was to bring a wide choice of products and brands at great value and convenience to customers. We want Singaporeans to shop online! Over the past weeks, we have been working extremely hard together with our Seller and Brand Partners to celebrate our 2nd anniversary with a big BANG and offer a wide range of our Top Products at unbeatable prices."

The Lazada Birthday Sale! (15-18 March)

Lazada Singapore will throw its largest birthday party online, and all consumers are invited to join. The Lazada Birthday Sale has started with early deals since 7 March, and will culminate to the main event from 15-18 March. There will be daily 2-for-1 deals, flash sales, curated brand and category offers, and special partners' promotions.

For the first time, Lazada Singapore will offer Mystery Boxes for sale – each box retails at S$22 with items worth more than S$80. Shoppers get to choose from a variety of brands such as La Roche Posay, Blackmores, Chomel, Kinohimitsu, Fisher Price, BRAND's and PUKU – while stocks last!

Free shipping is available storewide on the Lazada Android and iOS app from 15-18 March.

About Lazada Group

Lazada Group operates Lazada, Southeast Asia's number one online shopping and selling destination, with presence in Indonesia (www.lazada.co.id), Malaysia (www.lazada.com.my), the Philippines (www.lazada.com.ph), Singapore (www.lazada.sg), Thailand (www.lazada.co.th) and Vietnam (www.lazada.vn).

Launched in March 2012, Lazada Group has grown rapidly to over 5,500 employees. The company has an online footprint of 5 million daily visits to its sites and mobile apps, and the largest Facebook following in Southeast Asia with about 15 million fans.

Lazada is pioneering eCommerce in the region by providing customers with an effortless shopping experience with multiple payment methods including cash-on-delivery, extensive customer care and free returns. Lazada features a wide product offering in categories ranging from consumer electronics to household goods, toys, fashion and sports equipment.

Lazada offers brands and merchants a marketplace solution with simple and direct access to about 550 million consumers in six countries through one retail channel.

Lazada Group also operates Lazada Express, a provider of logistics services, and helloPay, an easy-to-use online payment platform that provides consumers with a secure way of shopping online.

For media queries, please contact:

The Hoffman Agency Singapore
Jacintha Ng/ Jeffrey Wong
LazadaSG@hoffman.com
+65 6361 0250

Photo - http://photos.prnasia.com/prnh/20160311/8521601603

Source: Lazada Singapore
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