Lazada Malaysia to sell houses soon
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Southeast Asian e-commerce platform Lazada will begin selling houses in time for its planned 12.12 shopping festival. The move, in partnership with Malaysian property developer Mah Sing Group, constitutes part of Lazada’s plans to grow the variety of items on its platform.
Lazada Malaysia CEO Christophe Lejeune said it plans to increase the number of Malaysian sellers from the platform’s current 50,000 to hundreds more, as well as provide support for 8 million Southeast Asian SMEs by 2030.
Lazada operates in Thailand, Indonesia, Vietnam, Singapore and the Philippines, beyond the Malaysian market.
Questions & Answers
Q.When is Lazada planning to start selling houses on its platform?
When is Lazada planning to start selling houses on its platform?
Lazada plans to begin selling houses in time for its upcoming 12.12 shopping festival. This initiative is part of their broader strategy to diversify the range of products available to customers.
Q.Which company is Lazada partnering with for this new housing venture?
Which company is Lazada partnering with for this new housing venture?
Lazada is collaborating with Mah Sing Group, a Malaysian property developer, for this initiative. This partnership aims to expand the types of items offered on the e-commerce platform.
Q.What are Lazada's goals for increasing its number of Malaysian sellers?
What are Lazada's goals for increasing its number of Malaysian sellers?
Lazada aims to increase the number of Malaysian sellers from the current 50,000 to 'hundreds more'. This is part of a wider plan to support 8 million Southeast Asian SMEs by 2030.
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