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I am happy to share to you guys about the success of Lazada Philippines Online Revolution 11.11. This is a Press Release from LazadaPh. Southeast Asia’s E-commerce Leader Lazada Smashes Sales Record MANILA, PHILIPPINES – Lazada, Southeast Asia’s leading e-commerce company, started its month-long Online Revolution Sale by breaking its opening weekend record on 11.11. The Single’s Day event generated USD 123 million of Gross Merchandise Value (GMV), representing 171% year-over-year growth. With over 6.5 million items ordered, across South East Asia, Lazada proved that the region has the purchasing power and connectivity to take e-commerce mainstream. This is proved by the broad scope of purchased items, from traditionally popular mobilephones to diapers and women’s accessories. Over 70% of orders were placed onmobile devices, showing that shopping at Lazada is fast becoming a personal habit for millions across ASEAN. Lazada Group’s Chief Executive Officer Maximilian Bittner said: “We aim to provide Southeast Asia’s rapidly growing middle-class the access to a wide range of products with deals and discounts that were previously available only abroad or in the capital cities. We continue to work tirelessly with our brand partners, as well as local and international merchants, to provide consumers with the same shopping opportunities, no matter where they are based. With brand and cross-border sales volumes 3-4x of last year, I firmly believe that our differentiated value proposition of providing unique and accessible assortment continues to set us apart in the eyes of the region’s consumers.” Holiday Shopping Turns to Holiday Savings in the Philippines The Filipino spirit of gift giving translated well for Lazada during the Online Revolution Sale. On November 11 alone Lazada Philippines recorded selling hundreds of thousands of items which translated to over 550 million pesos in savings for Filipinos. Lazada empowers the spirit of giving that makes Filipinos such a happy people. Millennials, who are known to demand higher value, saw the highest participation in the Online Revolution Sale. More than half of Lazada customers were aged 32 years old below. Top selling items include coffee, digital goods, makeup, and mobile accessories – essentials in every millennial’s daily survival kit. But the Online Revolution is not only for the young adult. There was almost the same number of diapers and tablets sold (19,000 to 20,000) on the first day of Online Revolution. From Millennials to Moms, the savings one gets from Lazada appeals to people from all walks of Philippine life. The Revolution is still On The buying spree continues until 12.12. Many surprises and massive savings up to 95% off from millions of jaw-dropping deals await customers. Watch out for December 7-12, the Grand Christmas Sale with even greater deals. More details will be announced in the coming weeks.