Lazada extends e-commerce edge in South-East Asia despite lull in overall visits to site

The Alibaba-backed e-commerce company scored the highest average monthly active users in Malaysia, Philippines, Thailand and Singapore.

— SCMP

The Alibaba-backed e-commerce company scored the highest average monthly active users in Malaysia, Philippines, Thailand and Singapore in the first quarter, and was also among the top apps in Vietnam and Indonesia, ranking second and fourth respectively behind Tokopedia and Shopee. Shopee, in which Tencent Holdings has a stake through its operator SEA, was the only one among the region’s top five e-commerce companies to record positive quarter-over-quarter growth in visits, chalking up a 5 per cent increase in the first three months this year.

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