Lazada Malaysia lauds the government’s plans and support for a digital-led recovery plan

By Leo Chow, Chief Executive Officer, Lazada Malaysia,

Lazada Malaysia lauds the government’s plans and support for a digital-led recovery plan for our local SMEs. SMEs are the backbone of our society, for job creation and economic contribution. The Shop Malaysia Online initiative will be integral in supporting and enabling Malaysia’s small businesses to not only cope, but to flourish in the new normal. We are committed to supporting this initiative, as well as to continue promoting the Buy Malaysia campaign.

We have already seen a significant and accelerated shift to digital by our local SMEs over the last 5 months and a fundamental shake up in the business landscape. As of May, over 200 percent new sellers came onboard our platform this year. Cameron Farmers who were unable to sell their produce when the pandemic hit, sold out 1.5 tons of fresh produce daily upon going live on Lazada.

Groceries also became one of the top 3 highest-growing categories on our platform as of last month. With one-third of the population shopping online through our platform every month, the government’s matching grant to protect the welfare of the gig economy will be a lifeline to many gig workers including our logistics heroes on the frontlines.

We are confident that this investment would enhance the digital ecosystem and further promote a future-proof workforce. The government’s plans to spur e-wallet adoption will also serve to bolster eCommerce infrastructure in Malaysia, help SMEs do business safely
and securely, while strengthening the digital economy. It displays the government’s farsightedness in advancing a vision for dynamic and sustainable digital development in the long term.

As Malaysians’ one-stop lifestyle destination, Lazada stands ready to invest and amplify the government’s efforts to drive SME digitalisation, while helping Malaysians reduce cost of living through daily savings. We will work alongside the government to spur the national economy towards Malaysia’s post-Covid-19 recovery through our eCommerce initiatives.


Please enter your comment!
Please enter your name here

Latest News

Bank Muamalat Approved 83% SME Payment Assistance Applications

With Covid-19 surge currently being experienced by the country seeing no sign of abating, many SME's who were already struggling during MCO...

Weekend Golf Getaway in Horizon Hills and Ponderosa

With Covid-19 looming, overseas travel is far and beyond anyone's wishes at the moment, but for frequent travelers keeping oneself locked up...

Coach Inspired By NYC Skyline

This holiday, Coach is updating its seasonal collection with the joyful release of its Coach 2020 Holiday Collection – the designs are...

Maxis Makes Top Management Changes After CTIO Departs

Maxis is seeing major changes in its top management, starting with the departure of its Chief Technology and Information Officer (CTIO), Morten...

Preparing for post-pandemic opportunities

Businesses in Malaysia must begin planning and preparing now to be able to leverage the opportunities that come with the eventual post-pandemic...

Must read

4 reasons why customer experience is the key to success

Vincent Tang, Regional Vice President, Asia, Epicor "Customer service" and "customer experience" are often used interchangeably. But there's a...

Deloitte report finds Malaysia among regional leaders in digital life adoption

An extensive survey conducted by Deloitte across age groups in eight countries in South and Southeast Asia showed that consumers aged between...

Malaysia needs to brand its startup ecosystem as one of world’s best, says KJ

Khairy Jamaluddin, Minister of Science, Technology and Innovation, said the country’s entrepreneurship ecosystem was on par with the world’s best, but Malaysia...

How today’s technology is key to industrial and manufacturing sector business continuity in a post-Covid-19 world

By  Dr. Ravi Gopinath, Chief Product Officer AVEVA , How the world does business was changing before the outbreak...