Shopee’s growth coincides with them successfully raising US$575 million in June 2018.
Most visited e-commerce platforms on desktop and mobile web in Malaysia and SEA in 2018.
Competition will intensify in Q4 2018 as big year-end sales continue Mobile-specific deals engine of growth for Shopee and 11street
Lazada is most searched site followed by Shopee which rapidly rose from 5th to 2nd place by end 2017.
iPrice ranks the top 50 eCommerce platforms in Malaysia.
Digital News Asia (DNA) continues a weekly series that profiles the top 50 influencers, movers and shakers who are helping shape Malaysia’s Digital Economy. These articles are from Digerati50, a special print publication released in January 2014. For information on customised reprints of Digerati50, email [email protected].
Lelong.my founder Richard Tan acknowledges that the pricing landscape has changed dramatically with the entrance of Rocket Internet and its two properties, lazada.my and zalora.my, into the Malaysian e-commerce landscape, but he is adopting a "wait and see” attitude for now while stressing that his own premium e-commerce site, superbuy.my, can play the price game if it wants to.
Richard Tan is confident that his Lelong.my has what it takes to stave off the challenge of Germany’s Rocket Internet, the aggressive money-chasing machine that has made a name for being an aggressive copier of US-based Internet trends.