SUBSCRIBERS

In South-east Asia, you can't win alone: Lazada

It was a lesson Alibaba brought to the table, along with its now US$2 billion investment in the company.

Published Sun, Jul 2, 2017 · 09:50 PM

ALIBABA'S investment in Lazada has helped the online retailer understand business in South-east Asia: that success entails setting up partnerships that also build up a fledging infrastructure in this region, a top executive at Lazada said.

That has meant shifting from an "Amazon-focused" model of controlling all elements of the online shopping process, to focusing on strength in data analysis for the merchants that have listed products on the website, said Alexis Lanternier, chief executive officer of Lazada Singapore, in an interview.

"Initially, we started (being) Amazon-focused, by doing everything ourselves," said Mr Lanternier. That ranged from buying products to handling warehouse delivery, he added.

KEYWORDS IN THIS ARTICLE

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Companies & Markets

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here