Lazada’s plans to ramp up expansion in Southeast Asia might spell trouble for the region’s traditional retailers.
When the region’s internet penetration rate started to grow in the mid-2000s, many users in Southeast Asia started yearning for their very own “Amazon”, an e-commerce site where they could simply place an order online and have their goods delivered to t
With mobile penetration rates in Southeast Asia rapidly climbing, retailers have increasing room to utilise the mobile platform as an avenue to reach their consumers.
It’s no secret that Southeast Asia has become a hotbed for tech startups. Since 2012, there have been a number of tech companies that have become household names and changed the lives of people in Southeast Asia.