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|Lazada Group CEO Pierre Poignant and co-president Jing Yin|
Lazada, Southeast Asia’s leading e-commerce platform, brought the shopping festival concept to the region in 2012 and since then continued to drive retail innovation across its six markets.
“The 11.11 Global Shopping Festival is an important annual celebration to break new ground and accelerate the region’s progress in e-commerce, which is now the largest sector of the internet economy as it is expected to grow to $300 billion by 2025. We are proud to see that Lazada has made 11.11 one of the key industry growth drivers, changing the way people shop and the way merchants do business,” said Lazada Group CEO Pierre Poignant.
“Today, as Alibaba Group’s Southeast Asia flagship platform, Lazada is the fastest-growing e-commerce player with more than 50 million active annual consumers and over 100 per cent year-on-year order growth in the past three quarters. This is just the beginning as e-commerce has only penetrated 3 per cent of the Southeast Asian retail market.”
Lazada’s 11.11 shopping festival kicks off on November 11, with daily activities and incentives for consumers to explore brands and products, pre-order or add items to their carts, or just be entertained.
This 11.11 provides brands and sellers more ways to reach consumers through new formats and channels. Each country’s top “Must-Buy List” will be featured on Lazada’s livestreamed gameshow GUESS IT! King, to be held on November 4 across all six markets. New in-app game LazCity Wonderland enables consumers to build and explore a virtual city of LazMall brands with special brand vouchers.
Lazada is also working with its partners to introduce offline to online innovations such as Stamp Hunt, which enables consumers to head to partners’ offline stores to scan QR codes and earn rewards. Brands will also co-present Lazada’s Super Show in Malaysia, Indonesia, the Philippines, Thailand, and Vietnam on November 10. The variety show will be livestreamed and, in most countries, broadcast on national TV. It will mark the debut of an interactive Voucher Rain segment where viewers use their Lazada app to collect exclusive 11.11 vouchers in real-time.
For the first time, Lazada is rolling out a countdown playbook of daily activities starting on November 1, with gamified Group Missions to make shopping a truly social event. There are 11 fun ways to unlock opportunities and earn vouchers as a group – from adding to cart to playing games such as our first in-app facial recognition game Moji-Go. The estimated number of vouchers to be collected by consumers this 11.11 is over 50 million.
LazMall, Lazada’s virtual mall, will also showcase several 11.11 brand exclusives. These include co-branded online storefronts and activations with L’Oréal Paris and Maybelline that will take shoppers on a virtual ride to Paris and New York, and a limited-edition Mamypoko packaging design in Thailand and the Philippines featuring Lazada’s mascot Lazzie.
“LazMall is now home to 60 per cent of Forbes’ top 100 consumer brands, and we strive to empower more brands and sellers to embrace innovative ways to connect with consumers,” said Lazada Group co-president Jing Yin. “Lazada’s 11.11 is all about creating a sense of seasonality, festivity, and new traditions in the region. This is the annual online shopping event that both consumers as well as brands and sellers anticipate and prepare for every year.”
As Southeast Asia's leading logistics infrastructure, this is the backbone of Lazada's 11.11 shopping festival that wraps up the end-to-end consumer experience. Over 30 fulfilment centres across 17 cities are ready to manage peak-order volumes, with over 75 per cent of parcels sorted in-house by Lazada. Its extensive network of collection points across the region will also be actived for ease of parcel pick-up and wallet top-up at select locations.