When was Lazada founded?

Lazada was founded in 2012 and raised its 1st funding round within a year of its incorporation.

Where is Lazada located?

Lazada is headquartered in Singapore, Singapore. It is registered at สุขุมวิท, คลองตันเหนือ, เขตวัฒนา, กรุงเทพมหานคร.

How many employees does Lazada have?

As of Mar 31, 2026, the latest employee count at Lazada is 21571.

Is Lazada a funded company?

Lazada is a funded company, having raised a total of $690M across 7 funding rounds to date. The company's 1st funding round was raised for an undisclosed amount in a Series A round on Sep 14, 2012.

How much is Lazada worth?

The last known valuation of Lazada was $1.2B as of Apr 12, 2016.

When was the latest funding round of Lazada?

Lazada's latest funding was a $254M Series E round on Nov 29, 2014, with participation from 4 investors.

What is the annual revenue of Lazada?

Annual revenue of Lazada is between $500M and $1B as on Dec 31, 2023

Is Lazada a Horizontal E-Commerce company?

The primary sector of Lazada is Horizontal E-Commerce.

Where does Lazada rank among its competitors?

Lazada ranks 1st amongst 18 active competitors, only 1 of which is funded. JD.com, which secured $2B in May, 2024.

Who are the top competitors of Lazada?

Lazada's top competitors include JD.com, Next and Kaypay. Among them, JD.com secured the most recent funding round in May, 2024.

Lazada - 2026 Company Profile, Team, Funding, Competitors & Financials

Q: Is Lazada an acquired company?

Lazada got acquired by Alibaba Group on Apr 12, 2016.

Lazada is an acquired company based in Singapore (Singapore), founded in 2012 by Maximilian Bittner 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 18 active competitors, including 1 funded and 4 that have exited. Its top competitors include companies like JD.com, Next and Kaypay.

Sectors and market segments that Lazada operate in

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

Retail > Horizontal E-Commerce > ***** **** > ***** ******

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.

Website: lazada.com/en/
Social
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

Series E, Nov 29, 2014, $254M

Last Known Valuation

$1.2B as on Apr 12, 2016

Investors

Summit Partners & 18 more

Ranked

1^st among 18 active competitors

Annual Revenue

$500M - $1B as on Dec 31, 2023

Employee Count

21,571 as on Mar 31, 2026

Investment & Acquisitions

DANA & 5 more

Similar Companies

MercadoLibre & 684 more

Exit Details

Acquired by Alibaba Group (Apr 12, 2016)

View Lazada's full profile

Lazada is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
LAZADA LTD. CIN: 0105555040244 , Thailand, Active	Mar 14, 2012	$500M - $1B (As on Dec 31, 2023)	-
LAZADA SINGAPORE PTE. LTD. UEN: 201403859E , Singapore, Active		SGD 100M - 500M (As on Mar 31, 2022)	-

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

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:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 29, 2014	$254M	Series E	-	-	Temasek	Rocket Internet, Kinnevik, Verlinvest
Nov 2013	$250M	Series D	-	-	-	Access Industries, Tesco, Kinnevik, Verlinvest
Jun 19, 2013	$100M	Series C	-	-	Verlinvest	Summit Partners, Kinnevik, HV Capital, Tengelmann Ventures

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View details of Lazada's funding rounds and investors

The founders of Lazada are Maximilian Bittner and Magnus Ekbom.

Here are the details of Lazada's key team members:

Maximilian Bittner: Former Co-Founder of Lazada and founder of 1 other company. They are also an angel investor in 6 startups.
Contact Info: 1 email address
Magnus Ekbom: Former Co-Founder of Lazada.

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
Sukanya Rangsikut	Independent board member	-	Current	-
Albert Yunchuan Liu	Independent board member	-	Current	-

View details of Lazada's Founder profiles and Board Members

Lazada's employee count trend

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

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Top competitors of Lazada include JD.com, Next and Kaypay. 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	Lazada 2012, Singapore (Singapore), Acquired	Online retailer of diverse products providing shopping experiences and digital capabilities	$690M	Access Industries, Deutsche Capital Group ... & 17 others	82/100
2nd	JD.com 1998, Beijing (China), Public	Online retailer of diverse consumer goods, providing shopping and delivery	$2.85B	Kingdom Holding Company, Ontario Teachers' Pension Plan ... & 41 others	77/100
3rd	Next 1982, Leicester (United Kingdom), Public	Online retailer of apparel, accessories, homeware, beauty, and furniture	-	Western Technology Investment, Bridgepoint Group ... & 1 others	70/100
5th	Kaypay Tan Binh (Vietnam), Unfunded	App based retailer offering multi category products	-	-	28/100
6th	Gogo Mall Jakarta (Indonesia), Public	Online retailer of health, beauty, household, and therapy related products	-	-	26/100
7th	BIGbox 2017, Kuala Lumpur (Malaysia), Unfunded	Online retailer offering multi-category consumer products through monthly payments	-	-	23/100
8th	Visionary Solutions 2004, Petaling Jaya (Malaysia), Unfunded	Retailer of premium home, personal care, and commercial brand products	-	-	22/100
9th	CONG TY TNHH CAO PHONG (dienmaycholon.com) Vietnam, Unfunded	Chains providing electronics, home appliances, furniture, and mobile device retail services	-	-	18/100
10th	Le Petit Society 2013, Singapore, Unfunded	Online retailer of baby and kids clothing and related accessories	-	-	16/100

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Looking for more details on Lazada's competitors? Click here to see the top ones

Lazada has made 3 investments in companies including DANA and TNG Digital. Lazada has also acquired 3 companies including RedMart and Lamido.

Here is the list of investments & acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Aug 10, 2022	Investments	DANA	2017	Jakarta (Indonesia)
Jul 25, 2022	Investments	TNG Digital	1997	Kuala Lumpur (Malaysia)
Apr 2020	Investments	Rhiino BPO	2015	Haidian (China)