FAB FIVE E-COMMERCE WEBSITES IN MALAYSIA

RC KUCHING 

Prepared by:

Azah binti Azman

Mohd Nazreel Azreen

Saswina A-Ong

E-commerce (electronic commerce or EC) is the buying and selling of goods and services, or the transmitting of funds or data, over an electronic network, primarily the internet. These business transactions occur either as business-to-business, business-to-consumer, consumer-to-consumer or consumer-to-business. For this assignment, our group has decided to post regarding the top 5 e-commerce websites in Malaysia. 

1. Lazada Malaysia

Lazada was founded in 2012 by Rocket Internet in 2012 as an effort to take advantage of the Amazon’s weak presence in Southeast Asia and to leverage on the potential of the region’s growing e-commerce scene. The company progressively soft-launched its website in the same year in several South-east Asian countries including Indonesia, Malaysia, the Philippines, Thailand, and Vietnam.

Lazada is pioneering e-commerce across some of the fastest growing countries in the world by offering a fast, secure and convenient online shopping experience with a broad product offering in categories ranging from fashion, consumer electronics to household goods, toys and sports equipment. Lazada is always striving to offer its customers the best possible offering – including multiple payment options, free returns and extensive customer service and warranty commitments.

The Benefits of Shopping Online with Lazada Malaysia

Shopping with the biggest online retailer in Southeast Asia does offer multiple perks as a customer. There are several reasons why you should make Lazada Malaysia your online shopping platform of choice:

2. 11street Malaysia

One of the two main challengers of Lazada, 11street is also an online department store providing a marketplace for retailers to sell their products online. Created in 2014, 11street Malaysia is a joint venture between the Malaysian mobile telecommunications group Celcom Axiata and SK Planet, owner of the original 11street site from South Korea. Here are some reasons why people choose 11street:

3. Lelong.my

What is Lelong.com.my ?

A means of identifying Lelong.com.my is to use an international comparison that everyone is familiar with. Styled and functioning similar to the international auction site, eBay.com, Lelong.com.my powers a robust and secure avenue for trading in Malaysia. The idea of an auction site in Malaysia has taken off with tremendous response. With a local flavour, members feel a sense of belonging and constantly keep in contact with the Lelong Development Team to give feedback, be it positive or negative. As our members are extremely valuable to us, we go to great lengths to accommodate for their needs and wants. With the experience we have gained from running the site for the past years, our team are well poised to deliver a site that is full of quality content to the members. Starting based on Consumer-to-Consumer (C2C) transactions, Lelong.com.my is now moving to becoming a channel for Business-to-Consumer (B2C) relationships. Many distributors have realised the power of using the auction system and are now using our site to trade and grow their business. This is the attraction of lelong.com.my: 

4. Shopee Malaysia

Shopee is one of the leading mobile e-commerce platforms in Southeast Asia and Taiwan. It is similar to the Taobao model, in which buyers and sellers can communicate and make transactions directly. What’s more, cross-border sellers from China and Hong Kong can sell to Southeast Asian and Taiwanese consumers on Shopee. It is a platform tailored for the region, providing both buyers and sellers with an easy, secure and fast online shopping experience through strong payment and logistical support.

With a wide selection of product categories ranging from consumer electronics to home & living, health & beauty, baby & toys, fashion and fitness equipment, Shopee aims to continually enhance its platform and become the region’s eCommerce destination of choice.

Here are the reasons why people choose Shopee Malaysia:

What makes Shopee different from other marketplaces?

1. Mobile only, very socially-oriented. Sellers care about their Shop reputation and about accumulating fans, so that buyers have better shopping experience.

2. No commission fee, no listing fee, but sellers can purchase paid ads at their own will.

3. Super-fast growth, achieved $1.8+ billion GMV in the first year of launch.

5. Zalora Malaysia

Founded in 2012, ZALORA is known to be the fastest growing online fashion retailer in Asia. Localizing its products to fit the customer demands in different countries from Singapore, Malaysia & Brunei, Indonesia, Hong Kong, the Philippines and its new venture in Taiwan, ZALORA definitely brings you the trendiest fashion trends online. With over 500 international and local brands available on the site, customers can easily browse through the wide selection of clothes, accessories, bags and more while embracing the use of technology. You will always be able to keep tabs on the trend curve ahead of time with a click away while enjoying an amazing online shopping experience with ZALORA Malaysia.

E-commerce activities in Malaysia has seen tremendous growth on the past couple of years and it has no sign of slowing down. More and more business has expanded their business online to reach their customers. There are many other websites that becoming more popular day by day and able to reach their potential customers. There is no doubt that each one of us will prefer to just by everything through online in the future. In conclusion, we hope that everyone will take extra cautious when shopping online to avoid being scam and for those who wanted to venture into online business, we wish everyone good luck and all the best! :)