I do applaud what they’re doing in South East Asia though. It has been far too long and Amazon, Zappos and such haven’t arrived.
These are difficult things to start up from scratch without a lot of capital. I’m happy that they are laying the groundwork with Lazada (Amazon clone) & Zalora (Zappos clone) both as a consumer and as an aspiring entrepreneur.
As a consumer, online shopping will be a boon for people like me who dislike shopping in the vast malls that are abundant in Asia and online stores of course tend to bring the prices down.
For entrepreneurs, the work they’re doing setting up distribution channels and getting suppliers on board will make it somewhat plausible for some one else to disrupt them down the road or at the very least clone them ;-)
I look forward to them bringing more of the services that are ubiquitous in North America to Asia. Hopefully Spotify, Netflix & Yelp are on their radar.
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