Lazada Group rakes in RM1 billion on 12.12

Lazada Malaysia is an increasingly popular online retail site that offers everything from shower curtains to luxury cosmetics. – The Malaysian Insight pic, December 19, 2017.

LAZADA Group raked in US$250 million (RM1.01 billion) in gross merchandise value (GMV) on its 12.12 Grand Finale Sale held in tandem with its Online Revolution campaign.

In a statement today, Lazada Malaysia, which is a unit of the group, said the 12.12 takings this year was more than double that of the previous year, and that it also broke the 11.11 sales record of US$123 million.

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