Monday, 30 June 2025
30 C
Singapore
28.4 C
Thailand
19.9 C
Indonesia
28.4 C
Philippines

50,000 Malaysian businesses affected by coronavirus pandemic to benefit from Lazada’s initiative

COVID-19 has affected many businesses across the world and in Malaysia, it has affected SMEs, including traders, farmers, e-commerce sellers, and brick-and-mortar retailers drastically. In light of this, Lazada, a key player in Southeast Asian e-commerce, has stepped up and tried to make life easier for many businesses in the country. Through its Smart Shop […]

COVID-19 has affected many businesses across the world and in Malaysia, it has affected SMEs, including traders, farmers, e-commerce sellers, and brick-and-mortar retailers drastically.

In light of this, Lazada, a key player in Southeast Asian e-commerce, has stepped up and tried to make life easier for many businesses in the country. Through its Smart Shop Package, Lazada has injected approximately US$2.31 million (RM10 million) to help local businesses.

This package which will go into effect as from April to June this year will see Lazada cover 100% of the cost of about 50,000 affected SMEs to sell their products through its platform.

This plan will cater for shipping, customized sales campaigns, and the SMEs will also receive a fixed weekly payment to help them ride out through the rough seas. Additionally, there will be zero listing fees and zero commission along with the opportunity to get micro loans for businesses plying their trade in groceries and fresh foods.

Why are they doing this?

Leo Chow, the Lazada’s chief executive officer, said that SMEs are paramount for Malaysia’s economy. He stated, “Local SMEs are essential to the nation’s economic growth and people’s livelihood and by helping them, we hope to bolster Malaysian’s confidence amid the COVID-19 situation. We believe it’s the responsibility of all platform operators to lend support in times like this to merchants who have made us successful.”

He further stated that they want to reach out to anyone who has a business and without any charges or payments they can continue to run their businesses while still benefiting from the e-commerce expertise and “robust logistics infrastructure” from Lazada.

Earlier in March when Malaysia imposed the Movement Control Order (MCO), the platform helped the affected fishermen and farmers by selling their products through its platform.

Interested SMEs can sign up with here.

Hot this week

Meta may buy PlayAI to boost its voice cloning technology

Meta may buy AI voice cloning startup PlayAI to expand lifelike voice features in its apps, smart glasses, and AI assistants.

Baidu’s Apollo Go eyes Southeast Asia in global robotaxi push

Baidu's Apollo Go plans to launch robotaxi services in Southeast Asia by late 2025 as global autonomous driving competition heats up.

Microsoft Copilot faces resistance as office workers prefer ChatGPT

Microsoft struggles to get workers to use Copilot as employees prefer the more familiar ChatGPT despite massive enterprise deals.

WhatsApp now lets you use AI to summarise your private messages

WhatsApp now uses Meta AI to summarise your unread private messages, helping you catch up on chats quickly while keeping your privacy intact.

GREE opens Singapore office to support Asia-Pacific expansion

GREE opens a new office in Singapore to support its Southeast Asia expansion, launching smart, energy-efficient air conditioning systems.

Cheapest SIM-only plans in Singapore 2025: Flexible, contract-free mobile data

Compare the cheapest SIM-only plans in Singapore for 2025, with up to 1TB data, 5G access, roaming, and no-contract options from S$8/month.

Android 16 to alert you if your phone connects to a fake cell tower

Android 16 will warn you if your phone connects to a fake tower, helping protect your calls, texts, and location from silent spying.

Runway moves into gaming with new AI platform Game Worlds

Runway launches Game Worlds, an AI platform aiming to reshape game creation and expand its success from film into the gaming industry.

TikTok trials new ‘bulletin boards’ to rival Instagram’s broadcast channels

TikTok is testing bulletin boards, a new feature similar to Instagram's broadcast channels, for direct creator-to-fan updates.

Related Articles

Popular Categories