DOCSLIB.ORG

1 CHAPTER I INTRODUCTION 1.1 Object Overview Lazada Is A

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
1 CHAPTER I INTRODUCTION 1.1 Object Overview Lazada Is A CHAPTER I INTRODUCTION 1.1 Object Overview Lazada is a Southeast Asian e-commerce company founded by Rocket Internet and Pierre Poignant in 2012. In 2014, Lazada Group operates their sites in Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam. Lazada sells various products such as furniture, credit, clothing, gadgets, etcetera. Now Lazada has 8,000 employees. In November 2014, the Temasek group from Singapore made an investment of USD 250 million and in April 2016 the Alibaba group announced its intention to acquire Lazada by paying Lazada's new shares (stocks) for USD 500 million and issuing another USD 500 million to buy Lazada shares owned by other investors. The reason Alibaba issued the money was based on the consideration that the South and East Asian markets had a fast growth in the middle-market and it was estimated around 190 million in that region had an average expenditure on expenditures of USD 16-100 per day and was expected to grow to 400 million people in 2020. In June 2017, Alibaba group increased the investment in Lazada by USD 1 billion, by that the shareholding of Lazada is increasing from 51% to 83%, then Alibaba Group add more investment to USD 2 billion in March 2018 and replacing Lazada's CEO with Lucy Peng. In December 2018 Peng was replaced by Pierre Poignant again. 1.2 Background In today's digital era, the internet has become one of human daily needs. It is because the internet makes everything easier for humans to do transaction, communicate, do business, and perhaps its development will help many other things. Internet is accessible for everyone. In 2017, internet users in Indonesia reached more than half of the population. 1 The Association of Indonesian Internet Service Providers (APJII) presented the results of a survey on Penetration & Behavior of Indonesian Internet Users in 2017. Based on the survey results that have collaboration with the Teknopreneur, it was stated that internet user penetration in Indonesia increased to 143.26 million people or 54.68 percent of 262 million citizens of Indonesia. Previously, based on a survey conducted by APJII in 2016, the number of Indonesian internet users reached 132.7 million. Then in May 2019, the number of internet users in Indonesia increased again to 171.17 million people or around 64.8% of the total Indonesian population of 264 million people (Pratomo, 2019). The growth of internet users in Indonesia can provide an indication of changes in consumer behavior patterns in Indonesia where the majority of people now spend more time using gadgets to do various activities from searching for information to other activities like shopping. This is what realizes businesses to use e-commerce as a place to sell their products, including in Indonesia. Doing research on e-commerce sector in Indonesia would be interesting because based on McKinsey's prediction it can be seen that e-commerce growth in Indonesia can increase up to eight times from total online shopping of USD 8 billion in 2017 to USD 55-65 billion in 2020 (Fuad, 2019), even among a number of other countries Indonesia is the first country with the fastest e-commerce growth as can be seen as follows: 2 Figure 1.1 Top Ten Country with the Fastest E-Commerce Growth Source: Kata Data (2018) Based on Figure 1.1 above, it can be seen that Indonesia has the fastest e-commerce growth, in 2018 it grew by 78% compared to the previous year. According to a British research institute, the Merchant Machine, the average money spent by Indonesians on online shopping sites is US $ 228 per person or around Rp. 3.19 million per person. One company that utilizes e-commerce as a business activity is Lazada. However, every business certainly has challenges. The first challenge is competitors, both with several large-scale e-commerce companies and with other individuals who easily utilize social media such as Twitter, Facebook and Instagram as a marketplace. Some e-commerce companies that are competing with Lazada can be seen as follows: 3 Figure 1.2 Top 9 the Biggest E-Commerce’s Company in Indonesia Sources: Pikiran Rakyat (2018) Based on Figure 1.2, it can be seen that Lazada is in position 1 with the most visitors per month and got ranked on Facebook. However, when it compared with other indicators, Lazada does not occupy the first position, such as first rank in the App Store is occupied by Shopee, first rank in Playstore is topped by Shopee, Twitter first rank is by Blibli, and Instagram first rank is by Shopee. Even the level of visitors per month that Lazada has is quite close to Tokopedia. This statistic can provide an illustration of intense competition between e-commerce businesses in Indonesia. Intense competition occurs because the e-commerce companies are trying to fight over the same market. The impact of the competition can be seen from the decline in Lazada's profits in the last few months according to a report in March 2019. The average decrease was 4%. In addition, the value of GMV (Growth Merchandise Value) was also reported decreased. GMV is a measure to asses that a product is being able to sell. The decline in sales and the value of GMV is inversely proportional to the performance of Alibaba (the Lazada controlling group) that the sales is increasing 51%. 4 This sales decrease could indicate a decrease in the customer's desire to repurchase Lazada’s products. According to Ashfaq, et. al (2019:2) it is mentioned the definition of the desire to repurchase is an assessment of individuals to repurchase products from the same company. Based on this theory it can be said, if the level of customers desire to repurchase on Lazada is high, then Lazada sales will also increasing, but on the Lazada report it is stated that there is a decrease both in revenue and in its GMV. The decline in sales can occur from a decrease in customer satisfaction as a result of research conducted by Ashfaq, et. al (2019) and Oghuma, et. al (2016). Satisfaction can occur when a customer has bought the product before, then compares the expectations and actual performance provided by the product. If a product not provides customers minimum expectation, dissatisfaction will be indicated by the increased of complaints. Complaints can give a negative experience to customers in shopping on e-commerce and make the value of the company go down so that customers will look for other alternatives by shopping on competitors company that can ultimately make the company's sales go down. The level of complaints in general to e-commerce in 2017 increase 46% compared to the previous year in 2016. Lazada is an e-commerce company with the biggest problem finding. According to the Indonesian Consumers Foundation (YLKI), level of complaints of each Indonesia’s e- commerce are as follows: Table 1.1 E-Commerce Level Complaints Company Complaints Lazada 642 Akulaku 14 Tokopedia 11 Bukalapak 9 Shopee 7 5 Company Complaints JD.ID 4 Elevenia 3 Source: Indonesian Consumers Foundation (2017) Based on table above, compared with other e-commerce companies it can be seen that the number of complaints that Lazada has is very far above other competitors and that phenomenon above can indicate that there is a problem of customer satisfaction with Lazada, so it can be related to the findings of a decrease in customer repurchases with an indication of a decrease in sales and Growth Merchandise Value of Lazada. Customer satisfaction is a comparison between expectations and the actual quality of a product. When buying a product, customer will have a minimum set of expectations regarding the benefits obtained. Customer expectations are divided into two parts, desired expectation and adequate expectation (William, Appiah, and Botchway, 2016:3). When customer decides to buy a product, customer will have hope to get the product along with good service, it is called desired expectation. While adequate expectation is a lower expectation or tolerance given by the customer to the minimum benefits he is able to receive. Comparison between expectations and actual performance (expectation-confirmation) of this model which ultimately results the value of a product. Expectation-confirmation models in e-commerce companies talk about whether the application is useful or not, website interface, and the most important is to provide convenience (Oghuma, et. Al, 2016). Businesses that adjust to technological developments will have the advantage that with the presence of the internet, it can facilitate customers in conducting transactions with e-commerce parties without have to meet face to face with the company. In addition, with internet technology it is considered more convenient and more efficient so that companies run in e- commerce sector must pay attention to these factors so that customers will 6 have loyalty and have a high desire to repurchase the products that company’s provide. However, there are plenty of problems that reflect the lower confirmation values compared to expectations. These indications can be seen from the inconvenience of customers when shopping, poor service quality and complaints related to slow delivery time of goods that customer buy (1%), the process of refund is slow and sometimes the fund is not given (17%), product defects (6%), customer service is slow response (44 %), unsuitable goods (9%), the goods sometimes not received by the customer (36%), unsatisfied services (2%), and the system that harms customers or insecurity within data system (20%) (Audriene, 2018). Based on these indications, author has interest in giving the title of the research "FACTORS INFLUENCING CONTINUANCE INTENTION IN SHOPPING ONLINE (Case Study of Lazada)" 1.3 Problem Statement Based on Pikiran Rakyat, it is known that Lazada have plenty competitors.
Load more

Recommended publications
  • Citi and Lazada Unveil 12X Rewards with Co-Brand Credit Card Launch
    PRESS RELEASE For immediate release Citi and Lazada unveil 12X Rewards with Co-brand Credit Card launch in Singapore Targeted at millennial online shoppers, new card members receive additional reward points during launch period, free LiveUp membership and free shipping on Lazada Singapore, 9 December 2019 - Citi, the world’s largest credit card issuer, and Lazada Group, Southeast Asia’s leading eCommerce platform, today announced the launch of the Citi Lazada credit card in Singapore. The new co-brand credit card makes its bow in time for millennial shoppers to enjoy the attractive launch promotions and card benefits as they shop online during the year-end festive season. Brendan Carney, CEO of Citibank Singapore Limited and Global Consumer Banking ASEAN Cluster Head, said, “We are excited to launch our co-brand card in Singapore as it is testament to the strong relationship we have established with Lazada over the years, and take this partnership to the next level. With over 30 per cent of our customers’ credit card spend now made via digital channels, it is important for us to continue expanding our presence and scale in digital ecosystems, and deepening our engagement with the growing eCommerce customer base in Singapore.” James Chang, CEO of Lazada Singapore, said, “The launch of the Citi Lazada credit card marks another milestone for our partnership with Citi. Over the first 11 months of the year, Lazada saw a 43 per cent year-on-year increase in the number of customers aged 18-35 shopping on our platform in Singapore. Millennials are now buying more groceries, household supplies and beauty products online than ever before.
    [Show full text]
  • Online IPR Protection in China and South-East Asia
    Online IPR Protection in China and South-East Asia Soazig THEMOIN French and European Trademark & Design Attorney Conseil en propriété industrielle Mandataire agréé auprès de l’Office de l’Union Européenne de la PI (EUIPO) BRUSSELS, 26 JULY 2017 Welcome to the Webinar! Helika Jurgenson Project Officer South-East Asia IPR SME Helpdesk China IPR SME Helpdesk 26 July 2017 Copyright © 2017 South-East Asia & China IPR SME Helpdesk. All rights reserved. ? ! Webinar Interaction Tools ? !? Turn on full screen here Raise your hand here Send the IP expert a question here Webinar 24 hour technical support number: http://support.gotomeeting.com ‘Contact Us’ section 26 July 2017 Copyright © 2017 South-East Asia & China IPR SME Helpdesk. All rights reserved. Snapshot: Helpdesk Free Services Enquiry Helpline Website & Blog Training Workshops & Live Webinars IP Guides & E-learning & Newsletters Business Tools 26 July 2017 Copyright © 2017 South-East Asia & China IPR SME Helpdesk. All rights reserved. Today’s Speaker Name: Soazig THEMOIN Firm: Vidon IP Group Location: France • Soazig started her career in 1994 as a lawyer, Trademark and IP legal expert. Her expertise in Intellectual Property Law and her active participation in the firm’s development led her to work extensively on IP issues in Asia. • As a Partner, and Managing Director of the VIDON IP Law Offices in France and in Asia, Soazig assures the development of the legal Department of VIDON IP Law Group, the Management of a team of European Trademark and Design Attorneys and Lawyers, working on a daily basis with Chinese and Thai Attorneys, while managing directly files, essentially in strategy of appropriation and valuation of the signs and the other creations, and associated disputes.
    [Show full text]
  • Competitive Advantages of Lazada Indonesia
    EJBMR, European Journal of Business and Management Research Vol. 5, No. 1, February 2020 Competitive Advantages of Lazada Indonesia Dita Amanah and Dedy Ansari Harahap around 54% of the total population in Indonesia. This Abstract—Lazada Indonesia's competitive advantage as a indicates that the potential for the development of electronic marketplace in Indonesia is determined in this article. Internal commerce is very large in Indonesia. An increasing number and external factors were identified to analyze the SWOT and of middle class people will certainly lead to higher levels of the strategies implemented by Lazada. In-depth interviews, consumption. observations and documentation studies are used to collect Online business has become a trend in recent years. data. All students of the Doctoral Program of Management Many online companies are growing, both new and old Science in Universitas Pendidikan Indonesia were respondents of this study. They all 112 respondents. The SWOT analysis companies are turning to online business [3]. The more results show that in the first quadrant, Lazada implements an competitors in the online business, the more competition aggressive growth strategy in achieving competitive will be to win the hearts of consumers [4]. advantage. Existing strengths and opportunities put Lazada in Today's consumers tend to make purchases online a advantageous position and maximally utilizing external and become a trend in shopping online. Online shopping is forces to seize opportunities. Lazada is a pioneer of free an activity of consumer electronic transactions at online shipping of goods and services for returning goods from stores through a device that is connected to the internet with consumers.
    [Show full text]
  • LAZADA IHQ LTD. a Thriving E-Commerce Success Background Lazada Group Was Founded in 2012 by Rocket Internet to Bring a High
    LAZADA IHQ LTD. A Thriving E-Commerce Success Background Lazada Group was founded in 2012 by Rocket Internet to bring a high quality online shopping experience to Southeast Asia. Lazada's e-commerce websites originally launched in 2012 in five Asean countries, including Thailand. By 2016, Lazada had recorded an annualized total of US$1.3 billion in Gross Merchandise Value across its markets in Southeast Asia. In early 2016, the Chinese company Alibaba took a 51% controlling stake in Lazada with a US$1 billion investment, and more recently increased their holdings by a further US$1 billion giving them an 83% stake in the company. In 2015, Lazada set up a local subsidiary in Thailand, Lazada IHQ. Ltd, with BOI support. Why Thailand The digital age has well and truly arrived in Thailand, with 46 million internet users representing 67% of the adult population. Thailand is also one of the world's leaders in the number of social media users, with 47 million Facebook users and 33 million Line subscribers. Along with a huge market, Thailand also has the logistical support of numerous delivery services such as the Thailand Postal Service, Lalamove, Kerry Express, UPS, FedEx and others. Vision for the Future In March 2016, Lazada announced it was establishing a product development and marketing hub in Thailand, the Lazada Tech Hub, focused on advancing the design of the company's mobile shopping website and apps. With over 30 million app downloads and 60 percent of its gross merchandise volume already coming from mobile sales, Lazada aims to expand its reach to even more effectively compete with brick and mortar stores, while also allowing smaller companies to set up shop on its e-commerce platform.
    [Show full text]
  • A Study on the Factors Influencing Purchasing Motive of Customers in Online Shopping
    © 2020 JETIR November 2020, Volume 7, Issue 11 www.jetir.org (ISSN-2349-5162) A STUDY ON THE FACTORS INFLUENCING PURCHASING MOTIVE OF CUSTOMERS IN ONLINE SHOPPING Sajisha CM1 Dr.K.Kumuda Devi2 1 PhD Scholar, Rathinam Arts & Science College, Eachanari 2 Dean, School of Commerce, KPR College of Arts Science & Research, Coimbatore ABSTRACT: Majority people spent a large amount of time in shopping. The decision for select an item takes a long time. Travelling and buying an item may take a day, week or a month. But now it can be easier by online shopping. Online consumers are increasing day by day. Youth prefer online to meet their requirements. In the busy world, no one have time to go out and buy. So consumers choose online shopping instead of direct shopping. Keyword: Online consumers, satisfaction, websites, etc INTRODUCTION E-commerce also called Internet marketing, Online shopping etc. In the modern era the role of E-commerce is increasing at an increasing rate. It means the customer-retailer relationship achieved without face to face interaction. In E-commerce the transactions are fully done through electronically. Online shopping eliminates the intermediary function. Even though Amazon, Flipkart are widely used. Now-a-days big retailing companies are also entered in E-commerce. They offer their product and services at an attractive form and give the opportunity to customers to select as per their wish using a credit card , debit card, paytm, by cash on delivery etc.. The customers also have the right to cancel the order and return the product without losing their money.
    [Show full text]
  • Farm Foundation
    How VCs discover and fund innovation PRESENTATION | PROPRIETARY AND CONFIDENTIAL Eight Rules of Venture Capital PRESENTATION | PROPRIETARY AND CONFIDENTIAL 2 Ta b l e of Contents Rule #1 }Deal flow is everything.~ Marc Andreessen, Founder of Andreessen Horowitz PRESENTATION | PROPRIETARY AND CONFIDENTIAL 3 Rule #2 success is rare PRESENTATION | PROPRIETARY AND CONFIDENTIAL Rule #2: Success is rare Journey of 1,000 companies Seed Round • Raise $250k - $7m Seed • Sell 15% - 40% of company Assume • 1,000 Companies Funded CB-Insights PRESENTATION | PROPRIETARY AND CONFIDENTIAL Rule #2: Success is rare Journey of 1,000 companies Series A • $2m - $15m Seed • Sell 20% - 40% of Series A startup Success Funnel q 46% Raise Series A q✓14% Exit (1x– 3x) ✗q 40% Fail to raise CB-Insights PRESENTATION | PROPRIETARY AND CONFIDENTIAL Rule #2: Success is rare Journey of 1,000 companies Series B • $5m - $300m Seed • Sell 15% - 30% of Series A startup Series B Success Funnel q 28% Raise Series B q✓7% Exit (1x– 3x) ✗q 11% Fail to raise CB-Insights PRESENTATION | PROPRIETARY AND CONFIDENTIAL Rule #2: Success is rare Journey of 1,000 companies Series C • $10m - $500m Seed • Sell 10% - 25% of Series A startup Series B Series C Success Funnel q 14% Raise Series C q✓5% Exit ✗q 9% Fail to raise CB-Insights PRESENTATION | PROPRIETARY AND CONFIDENTIAL Rule #2: Success is rare Journey of 1,000 companies Series D • $10m - $1 billion+ Seed • Sell 5% - 20% of startup Series A Series B Series C Success Funnel q 6% Raise Series D Series D q✓2% Exit ✗q 7% Fail to raise
    [Show full text]
  • Google and Lazada Provide Free Digital Skills Training to Online Sellers
    Google and Lazada Provide Free Digital Skills Training to Online Sellers Training courses now available to all merchants on the Lazada University portal and small businesses in Southeast Asia on the Grow with Google website Singapore, November 2, 2020 - Google and Lazada today announced free training courses for online sellers that will equip them with digital skills and help their businesses grow. Ahead of the busy holiday shopping season, the partnership aims to provide small retailers with more educational resources to improve their online presence, especially during this challenging year. On the ​Grow with Google site​, small businesses across Southeast Asia can access free short courses by Lazada University as well as new interactive minicourses via the Google Primer app. The training courses will cover topics such as business strategy and digital marketing and will help address barriers of entry to starting an online shop. Lazada merchants can access the co-created content directly on the Lazada University Portal, with curriculums tailored for each country. They can also participate in sessions conducted by Google experts that are live-streamed on the Lazada University site. “E-commerce has become an integral part of daily life for millions of Southeast Asians, and with more people shopping from home, we want to empower small businesses with the skills to thrive in this online environment,” said Ben King, Director, Google. “We've committed to train 3 million SME workers in Southeast Asia on digital skills, and have already provided training to 2 million individuals. We’re excited to partner with Lazada as they share their expertise and help us extend our support to thousands of merchants on their platform.” "We are also delighted to be partnering with Google on this initiative, which comes at just the right time, ahead of year-end mega shopping festivals like 11.11 and 12.12,” said ​Jon Chin, Regional Head of Seller Growth and Engagement at Lazada​.
    [Show full text]
  • Supplementary Materials
    Supporting information Fig. S1. Distribution differences Normalized distributions of Funding, Indegree, Outdegree and Betweenness. All network centrality distributions are significantly different from the funding one: Indegree (p ∼ 10−16), Outdegree (p ∼ 10−6), Betweenness (p ∼ 10−4). February 24, 2021 1/23 Fig. S2-a. Comparison between Indegree and Funding distributions for Nationality. February 24, 2021 2/23 Fig. S2-b. Comparison between Indegree and Funding distributions for Investor Type. February 24, 2021 3/23 Fig. S2-c. Comparison between Indegree and Funding distributions for Economic Category. February 24, 2021 4/23 Fig. S3-a. Comparison between Outdegree and Funding distributions for Nationality. February 24, 2021 5/23 Fig. S3-b. Comparison between Outdegree and Funding distributions for Investor Type. February 24, 2021 6/23 Fig. S3-c. Comparison between Outdegree and Funding distributions for Economic Category. February 24, 2021 7/23 Fig. S4-a. Comparison between Betweenness and Funding distributions for Nationality. February 24, 2021 8/23 Fig. S4-b. Comparison between Betweenness and Funding distributions for Investor Type. February 24, 2021 9/23 Fig. S4-c. Comparison between Betweenness and Funding distributions for Economic Category. February 24, 2021 10/23 Fig. S5-a. AUC-ROC for the coarse Economic Categories, part 1. February 24, 2021 11/23 Fig. S5-b. AUC-ROC for the coarse Economic Categories, part 2. February 24, 2021 12/23 Fig. S5-c. AUC-ROC for the coarse Economic Categories, part 3. February 24, 2021 13/23 Fig. S5-d. AUC-ROC for the coarse Economic Categories, part 4. February 24, 2021 14/23 Fig.
    [Show full text]
  • Giovanni Russo
    Giovanni Russo Partner Munich | Skygarden, Erika-Mann-Straße 5, Munich, Germany 80636 T +49 89 21 21 63 16 | F +49 89 21 21 63 33 [email protected] Services Corporate > Mergers and Acquisitions > Private Equity > Telecommunications, Media and Technology > Corporate Governance > Privacy & Cybersecurity > Giovanni Russo focuses his practice in corporate law, advising institutional investors, corporates and management teams on all kinds of private equity, venture capital and M&A transactions, both domestic and cross-border. His practice covers both the buy-side and sell-side of acquisitions as well as co-investments. His recent in-depth experience include advising on high-profile, complex corporate matters in the Internet, digital media, e-commerce and mobile applications industries. Giovanni Russo was repeatedly recommended by The Legal 500 Deutschland and EMEA for the areas of corporate/M&A as well as private equity and venture capital, where sources are quoted saying "the 'excellent' Giovanni Russo has an 'outstanding knowledge of transaction structures and related legal intricacies' and is a 'brilliant guide throughout contract negotiations'", describing him as "'very responsive to the needs and requirements of the client' and 'able to solve very complex and difficult tasks in the best interests of the client'”. He is also recognized as one of the “Best Lawyers in Germany 2022” by German nationwide daily Handelsblatt for corporate as well as in IFLR1000's rankings for M&A in Germany. EXPERIENCE &ever GmbH on its €130 million sale to Kalera AS, forming a global leader in vertical farming. EyeEm Group, a leading AI powered global marketplace for premium stock photography and professional photo and video productions, on the sale of 100% of its shares to New Value AG; as well as previously on various financing rounds, and a cross-border merger.
    [Show full text]
  • Issues Paper on the Philippine Digital Commerce Market Ramonette B
    PCC Issues Paper No. 03, Series of 2020 PAPER ISSUES Issues Paper on the Philippine Digital Commerce Market Ramonette B. Serafica Marie Antoinette L. Rosete Peter Jeff C. Camaro Arjan Paulo S. Salvanera Issues Paper on the Philippine Digital Commerce Market Ramonette B. Serafica, Marie Antoinette L. Rosete, Peter Jeff C. Camaro, and Arjan Paulo S. Salvanera Philippine Institute for Development Studies Published by: Philippine Competition Commission 25/F Vertis North Corporate Center 1 North Avenue, Quezon City 1105 PCC Issues Papers aim to examine the structure, conduct, and performance of select industries to better inform and guide PCC’s advocacy and enforcement initiatives. The opinions, findings, conclusions, and recommendations expressed in these studies are those of the author(s) and do not necessarily reflect the views of the Commission. This work is protected by copyright and should be cited accordingly. The views reflected in this paper shall not in any way restrict or confine the ability of the PCC to carry out its duties and functions, as set out in the Philippine Competition Act. PCC reserves the right, when examining any alleged anti-competitive activity that may come to its attention, to carry out its own market definition exercise and/or competition assessment, in a manner which may deviate or differ from the views expressed in this paper. [email protected] | www.facebook.com/CompetitionPH | www.twitter.com/CompetitionPH | www.phcc.gov.ph TABLE OF CONTENTS Abstract 1 1. Introduction 2 1.1 Objectives of the study 2 1.2 Scope and methodology 2 1.3 Organization of the report 3 2.
    [Show full text]
  • INTA Corporate Member List
    Corporate Members Name Address City Address State Address Country 100x Group Hong Kong Hong Kong 1661, Inc. Los Angeles California United States 1-800-Flowers.com, Inc. Carle Place New York United States 3M China Ltd. Shanghai Shanghai China 3M Company Saint Paul Minnesota United States 3M Deutschland GmbH Neuss Germany 3M India Ltd. Bangalore Karnataka India 3M Innovation Singapore Pte Ltd Singapore Singapore 3M KCI San Antonio Texas United States 3M United Kingdom PLC Bracknell Bracknell Forest United Kingdom 7-Eleven, Inc. Irving Texas United States AB Electrolux Stockholm Stockholms län Sweden Västra AB Volvo Göteborg Götalands län Sweden ABB ASEA Brown Boveri Ltd. Zürich Zürich Switzerland Abbott St.Paul Minnesota United States Abbott Laboratories Abbott Park Illinois United States Abbott Products Operations AG Allschwil Switzerland AbbVie Inc. Irvine California United States AbbVie Inc. North Chicago Illinois United States Abercrombie & Fitch Co. New Albany Ohio United States ABRO Industries, Inc. South Bend Indiana United States ACCO Brands Corporation Lake Zurich Illinois United States Activision Blizzard UK Ltd. Slough United Kingdom Activision Blizzard, Inc. Santa Monica California United States Activision Computer Technology (Shanghai) Co. Ltd. Shanghai Shanghai China Acument Intellectual Property Fenton Michigan United States Acushnet Company Fairhaven Massachusetts United States Aderans America Holdings, Inc. Beverly Hills California United States adidas Group Panama Panamá Panama Adidas Group, India Gurgaon Haryana India adidas International Marketing BV Amsterdam Netherlands adidas International, Inc. Portland Oregon United States ADOBE INC. San Jose California United States ADOBE INC. Tokyo Japan Aetna Inc. Hartford Connecticut United States Agilent Technologies, Inc. Santa Clara California United States Ahold Delhaize Licensing Sarl Genève Genève Switzerland AIDA Cruises Rostock Germany Aigle International S.A.
    [Show full text]
  • Lazada, Redmart, Netflix, Taobao Collection, Uber and Ubereats Team up to Serve up Lifestyle Benefits to Consumers in Singapore
    PRESS RELEASE Lazada, RedMart, Netflix, Taobao Collection, Uber and UberEATS team up to serve up lifestyle benefits to consumers in Singapore New membership programme ‘LiveUp’ launches with shopping, entertainment, ridesharing and food delivery perks Singapore, 20 April 2017 – Leading online shopping destination in Southeast Asia, Lazada, and biggest online supermarket in Singapore, RedMart, today announced the launch of LiveUp, a new lifestyle membership programme for Singapore’s digital consumers. Together with Netflix, Taobao Collection, Uber and UberEATS as partners, LiveUp brings exclusive member-only rewards, promotions and extra savings. LiveUp recognises Singapore’s progressively savvy online citizens and pools perks from a local network of services that reward their digital lifestyle into one membership programme. Membership benefits include 10% rebate storewide at Lazada as well as free, faster delivery always, including from its recently launched Taobao Collection, 5% rebate on every order from RedMart, a 6-month Netflix subscription, Uber perks including free rides (up to S$10) and VIP access (early access to stunts, events and promotions, as well as enjoying top-rated drivers in the newest vehicles), and free delivery rebates on UberEATS. To encourage consumers to experience the value of the programme, LiveUp is offering a 60-day free trial when they sign up now, subsequently, the programme is offered at $28.80 per year for a limited time (its usual annual membership fee is $49.90). “We believe that Singapore is at the tipping point in which consumers are embracing online lifestyle services like shopping, ridesharing, food delivery and entertainment as a way of life. LiveUp is possibly the first membership programme in Singapore and in the world to bring it all together for these emerging online lifestyle natives.
    [Show full text]