LazMall – Lazada’s premium brand platform that connects shoppers to international and local brands – also saw over 2,000 brands join this year and recorded 200% year-on-year growth in sales.
Back in 2013, e-commerce firm Lazada made its first “11.11” debut in the Philippines – the inaugural event that gave consumers access to exclusive deals for a month. By 2018, what was previously a month-long event had evolved into the biggest one-day sale of the year that is highly anticipated by consumers.
For this year's Singles' Day event or "11.11" online sale, card and digital payments volume processed by PayMaya across various online commerce sites jumped 3.5 times from Singles’ Day 2018 — indicating a significant shift in digital payments and online shopping habits of Filipinos.
Kaspersky has reported on a sharp increase in fraudulent activities around the extremely active online shopping period in Asian countries which takes place every Singles’ Day on November 11.
E-commerce platform Shopee will be holding its first-ever televised show this Sunday, Nov. 10, for a countdown to the finale of this year’s Shopee 11.11 Big Christmas Sale.