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Posts Tagged ‘ Lazada ’

Amazon plans Singapore launch in early 2017

Thursday, November 3, 2016 | More »

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American online retail giant Amazon.com Inc. is reportedly trying to establish its presence in Singapore, in what could be a step towards tapping the Southeast Asian market. “Amazon is covertly acquiring assets, including refrigerated trucks, and making new hires as part of an initiative led by he...

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Ola ropes in top Lazada Indonesia executive Sundeep Sahni for new initiatives

Online cab booking service Ola (formerly Olacabs) has roped in former Lazada Indonesia managing director Sundeep Sahni as its vice president of new initiatives. Sahni will be part of Ola’s core leadership team, the company said in a press statement. Lazada is one of South East Asia’s biggest e-c...

16 July, 2015 | More »

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Rocket Internet-incubated e-tailer Lazada raises $250M from Tesco & others

Southeast Asia-focused horizontal e-tailer Lazada has raised a subsequent round of funding worth $250 million from a group of investors, including Tesco and Access Industries. Existing investors Verlinvest and Investment AB Kinnevik also participated in the round. This is Tesco’s maiden investment...

10 December, 2013 | More »

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Rocket Internet-incubated South-east Asian e-tailer Lazada raises $100M

South-east Asia-focused horizontal e-tailer Lazada has raised $100 million in funding led by Verlinvest, a Belgian family-owned and consumer-focused investment holding company. Existing investors Holtzbrinck Ventures, Kinnevik, Summit Partners and Tengelmann Group also participated in the round. Fou...

20 June, 2013 | More »