Thousands sell goods on Lazada Market
Online shopping business Lazada has seen rapid growth of its Marketplace platform for brands and merchants, the company says.
Lazada Marketplace in the region accounted for 80 per cent of the company’s gross merchandise value (GMV) or overall sales as at the end of August.
Since opening to local merchants, more than 7,000 Thai businesses have chosen to sell their goods at Lazada Marketplace, supplementing products from established brand names such as Tesco Lotus, L’Oreal and Philips.
"Lazada Marketplace is the engine of our growth, attracting a large number of local merchants who are reaping the rewards of partnering with Lazada," said Alessandro Piscini, chief executive of Lazada Thailand.
"The overwhelming response to our marketplace platform is testament to the confidence Thai merchants have in Lazada. We can fulfil all customer shopping needs effortlessly on their behalf, and added to our committed investments in logistics, tech development and payment solutions, no other e-commerce player can offer a similar one-stop retail gateway to Thai merchants." As e-commerce continues to grow in Thailand, Lazada Marketplace offers many opportunities for both new and experrienced traders.
