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Instant cash.
If you’ve ever needed to buy something online but were short on cash, you’re in luck. A new product from financial technology platform Cashalo and ecommerce giant Lazada allows online shoppers to borrow money with zero interest and no processing fees.  Customers who ...
 
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Are you ready for 11-11?
Black Friday—or the Friday after Thanksgiving—is the sale of the year for many Americans. But here in the Philippines, 11-11, or November 11, is where it’s at. In a survey of 2,015 Filipinos released by Finder.com, about 55 percent of respondents said ...
 
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“Nasa Lazada ‘yan.”
In 2018, when I first interviewed the CEO of Lazada Philippines Raymond Alimurung, the company was lording it over the ecommerce landscape in the country. Supported by Chinese tech giant Alibaba, Lazada commanded a whopping 91 percent market share of ecommerce in ...
 
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The Jackie Chan.
“Jackie Chan” is currently trending on Twitter, to the initial panic of his Filipino fans. But don’t worry, you won’t find any condolence posts dedicated to the 67-year-old martial artist. Just Jackie Chan saying “Bili na sa Shopee.”Is it CGI? Is it ...
 
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Locad is a startup involved in logistics and supply chain management.
Logistics and supply chain management integrator Locad announced that it has raised $4.9 million in a seed funding round on Monday, July 5. The funding was led by Sequoia Capital India’s Surge with participation from Antler, Febe Ventures, Foxmont, GFC, the Gokongwei ...
 
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We talked to Campos to pick his brain on the startup landscape, what investors look for, and the common mistakes startups make.
Getting into the startup scene can be tricky for aspiring entrepreneurs, especially without inside knowledge. There is perhaps no greater insider of the Philippine startup scene than Paulo Campos, the co-founder and CEO of Zalora Philippines. He is also an investor in ...
 
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He eats hotpot with and reads to his kids.
It’s no secret that, in the race for ecommerce supremacy across Southeast Asia, Shopee has become a dominant force. Stacked up against its main rival, the Tencent-backed ecommerce platform has been racing ahead, having been the most downloaded app across the six ...
 
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Great Deals closed a Series B funding round, one of the largest-ever for a local startup.
Great Deals Ecommerce Corp raised a total of $30 million (about P1.4 billion) in a Series B funding round, the company announced Wednesday (May 19). That puts the total amount the company has raised in private equity funding at $42 million (P2 ...
 
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Philippines records second-highest increase in visits to ecommerce sites, just behind Singapore.
More Filipinos are visiting online ecommerce sites, but average spend is about the same, the results of a study conducted by meta-search website iPrice Group said.According to the Map of E-commerce Yearend 2020 report, online shopping sites in the Philippines experienced a ...
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