Price comparison startup PricePanda has launched its new clothing category, alongside existing categories for accessories and footwear, in Malaysia.
Online fashion portal Zalora said it will be launching its own ‘Marketplace’ in the first half of this year, but did not give a more specific date.
While Malaysians are generally digitally savvy and connected, there are challenges that still need to be addressed to transform the nation into a digital economy, according to a panel discussion organised by national ICT custodian Multimedia Development Corporation (MDeC).
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Rocket Internet’s Zalora has secured a USD112 million in funding, from privately held investor group Access Industries in addition to funds managed by US-based asset management firm Scopia Capital Management LLC and other institutional investors.
Rocket Internet e-commerce companies Foodpanda, Lazada and Zalora have launched what they’re calling the ‘Online Revolution,’ styled after the United States’ Cyber Monday, the biggest online shopping day which takes place every Monday after Thanksgiving.
Zalora will officially launch the ‘Zalora Beauty Fix Box’ on Aug 15, promising that all sales will go to the YWCA’s Youth Centre which was launched in Singapore this year, as well as its new Girls’ Hostel that aims to create a safe haven for disadvantaged youths regardless of race or religion.
The upcoming DNA-TeAM Disrupt on e-commerce is shaping up to be an exciting affair, with the inclusion of two more panellists: Mohd Suhail Amar Suresh Abdullah, executive vice president and head of Virtual Banking & Payments, Maybank Bhd and Lim Kok Hing, founder of online payment systems provider iPay88
With all the big foreign players coming into the e-commerce space, is it game over for domestic players? That will be the topic of discussion at the next DNA-TeAM Disrtupt session, on July 24.