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Shopee was first launched in Singapore in 2015, and has grown to become the largest e-commerce platform in Southeast Asia and Taiwan. [26] The company also serves consumers and sellers throughout Southeast Asia (Singapore, Malaysia, Thailand, Philippines, Vietnam, Indonesia), Taiwan, and Brazil. [27] [28]
Shopee was established in Singapore in February 2015 as a mobile-focused marketplace that enables users to browse, shop, and sell products. [9] The platform integrates logistical and payment support to facilitate transactions and is designed to operate with minimal physical assets.
Lazada Group (Chinese: 來贊達; t/a Lazada) is an international e-commerce company and one of the largest e-commerce operators in Southeast Asia, with over 10,000 third-party sellers as of November 2014, and 50 million annual active buyers as of September 2019. [3] [4] [5] [needs update]
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]
In 2024, Singapore-based equity firm Venturi Partners invested US$25 million in Dali, [6] while DEG, the investment arm of the German state-owned development bank KfW, invested another US$8.4 million. [7] In April 2024, the number of stores increased to 630 (all in Luzon), with plans have a total of 950 stores by the end of the year. [8]
Ninja Van has sorting warehouses across Southeast Asia, in Singapore, Myanmar, Malaysia, Philippines, Indonesia, Thailand and Vietnam. [1] It works with e-commerce firms including Alibaba Group's Lazada, GoTo's Tokopedia for Indonesia, and Sea Group's Shopee. [2] It uses vehicle routing problem algorithms to improve delivery routes. [3]
Location of Singapore Singapore is a sovereign island country in maritime Southeast Asia. A global city, it has a highly developed market economy, based historically on extended entrepôt trade and more recently as a financial hub as well. Its economy is known as the most freest, most innovative, most competitive, most dynamic and most business-friendly in the world by various multinational ...
Li is married and lives in Singapore. [1] He appeared on the August 2020 cover of Forbes Asia , the Asia edition of Forbes magazine. [ 13 ] As of April 5, 2024, his net worth was estimated at US$3.6 billion according to the Forbes World’s Billionaires List, ranking him as the ninth richest person in Singapore.