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Lazada - About the company

Lazada is an acquired company based in Singapore (Singapore), founded in 2012 by Maximilian Bittner, Pierre Poignant, Khang Chim and Magnus Ekbom. It operates as an Online retailer of diverse products providing shopping experiences and digital capabilities. Lazada has raised $690M in funding from investors like Summit Partners, J P Morgan and Temasek, with last known valuation of $1.2B. The company has 20 active competitors, including 1 funded and 4 that have exited. Its top competitors include companies like JD.com, Next and TANGS.

Sectors and market segments that Lazada operate in

Lazada serves in the Retail market segments.The primary business model of Lazada is:

Company Details

Online retailer of diverse products providing shopping experiences and digital capabilities. It connects retailers and shoppers through technology, logistics, and payments infrastructure. The platform delivers engaging experiences customised to markets. It enables businesses to scale and grow with digital capabilities.
Social
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Registered Address
สุขุมวิท, คลองตันเหนือ, เขตวัฒนา, กรุงเทพมหานคร
Key Metrics
Founded Year
2012
Location
Singapore, Singapore
Stage
Acquired
Total Funding
$690M in 7 rounds
Latest Funding Round
Last Known Valuation
$1.2B as on Apr 12, 2016
Ranked
Annual Revenue
$500M - $1B as on Dec 31, 2023
Employee Count
21,571 as on Mar 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Alibaba Group (Apr 12, 2016)

Lazada's acquisition details

Lazada got acquired by Alibaba Group on Apr 12, 2016 at an acquisition amount of $*****.
Click here to take a look at Lazada's acquisition in detail
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Lazada's funding and investors

Lazada has raised a total funding of $690M over 7 rounds. Its first funding round was on Sep 14, 2012. Its latest funding round was a Series E round on Nov 29, 2014 for $254M. 4 investors participated in its latest round. Lazada has 19 institutional investors.

Here is the list of recent funding rounds of Lazada:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Nov 29, 2014
$254M
Series E
-
-
Nov 2013
$250M
Series D
-
-
-
Jun 19, 2013
$100M
Series C
-
-
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Lazada's founders and board of directors

Founder? Claim Profile
The founders of Lazada are Maximilian Bittner, Pierre Poignant, Khang Chim and Magnus Ekbom. Carlos Otermin Barrera is the CEO of Lazada.
Here are the details of Lazada's key team members:

Lazada's Board of Directors

Lazada's board has 2 active members. Sukanya Rangsikut and Albert Yunchuan Liu are independent board members.
Here is the list of Lazada's board of directors:
Name
Type
Representing
Status
Duration
Independent board member
-
Current
-
Independent board member
-
Current
-

Lazada's employee count trend

Lazada has 21,571 employees as of Mar 26. Here is Lazada's employee count trend over the years:
Employee count trend for Lazada
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Lazada's Competitors and alternates

Top competitors of Lazada include JD.com, Next and TANGS. Here is the list of Top 10 competitors of Lazada, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Lazada
Lazada
2012, Singapore (Singapore), Acquired
Online retailer of diverse products providing shopping experiences and digital capabilities
$690M
84/100
2nd
Logo for JD.com
JD.com
1998, Beijing (China), Public
Online retailer of diverse consumer goods, providing shopping and delivery
$2.85B
75/100
3rd
Logo for Next
Next
1982, Leicester (United Kingdom), Public
Online retailer of apparel, accessories, homeware, beauty, and furniture
-
69/100
5th
Logo for TANGS
TANGS
1932, Singapore (Singapore), Unfunded
Retailer of fashion, beauty, home, food, and technology products
-
-
28/100
6th
Logo for Kaypay
Kaypay
Tan Binh (Vietnam), Unfunded
App based retailer offering multi category products
-
-
28/100
7th
Logo for Gogo Mall
Gogo Mall
Jakarta (Indonesia), Public
Online retailer of health, beauty, household, and therapy related products
-
-
26/100
8th
Logo for BIGbox
BIGbox
2017, Kuala Lumpur (Malaysia), Unfunded
Online retailer offering multi-category consumer products through monthly payments
-
-
23/100
9th
Logo for Dive Shop
Dive Shop
2002, Jakarta (Indonesia), Unfunded
Online retailer of bicycles, bicycle accessories, and related cycling gear
-
-
16/100
10th
Logo for Umamita
Umamita
2021, Singapore (Singapore), Unfunded
Online retailer of various general merchandise including home and garden items
-
-
16/100
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Lazada's Investments and acquisitions

Lazada has made 3 investments in companies including DANA and TNG Digital. Lazada has also acquired 3 companies including RedMart and Lamido Indonesia.
Here is the list of investments & acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Aug 10, 2022
Investments
2017
Jakarta (Indonesia)
Jul 25, 2022
Investments
1997
Kuala Lumpur (Malaysia)
Apr 2020
Investments
2015
Haidian (China)
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See all investments and acquisitions by Lazada

Reports related to Lazada

Here is the latest report on Lazada's sector:

News related to Lazada

lockFilter this list
Media has covered Lazada for a total of 9 events in the last 1 year, 6 of them have been about company updates and 3 about partnerships.
Lazada's RedMart Now Offers 30-Minute Grocery Delivery in SingaporeRetail Technology Innovation HubFeb 06, 2026Lazada
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FAQs about Lazada

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