Lazada Buys RedMart, Changing Southeast Asia’s Online Retailing Landcape
Lazada recently secured Singapore-based online grocer RedMart, strengthening its position in Southeast Asia e-commerce. The buyout comes after Alibaba recently poured in US$1 billion into Lazada. With Amazon set to launch in Singapore come 2017, how will competition pan out? In this podcast, research analyst Yu Xian Lim, discusses more about the deal and what it may suggest for online retailers moving forward.
Download as an MP3