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The platform also provides coupons, voucher codes, product comparison, QR code payment, [2] and most recently, buy-now-pay-later. [3] It has 30 million users. [ 3 ]
Lazada warehouse in Cabuyao, Laguna, Philippines during the company's 11.11 sale promotion in 2018. Lazada Group is a subsidiary of Alibaba Group and Alibaba co-founder Lucy Peng Lei is CEO of the company. In February 2015, Alibaba invests US$590 million in Meizu, acquiring an undisclosed minority stake. [100]
The coupon on 1 January 2021 shall be paid at 7.15%. The Interest rate for next half-year will be reset every six months, the first reset being on 1 January 2021. There is no option to pay interest on cumulative basis.