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Business Ideas

How This Millennial Built a Multi-Million Peso Business in One Year

His company regularly works with clients from Australia and the US

Kenn Francis Costales had a steady job as a brand manager for Procter & Gamble Asia but he always wanted to create assets for himself instead of just relying on his salary.“Everyone thought I was crazy because I was going to turn ...

by Nicai de Guzman  | December 02, 2017 09:00:00
News and Events

Who Are the Leading Foreign and Local Players in PH E-Commerce?

While international firms top the list, majority are locals, according to iPrice Group

Southeast Asian e-commerce site Lazada led the list of the largest players in the Philippine e-commerce industry, receiving an average of 62.5 million page views per month.That’s according to a report by the iPrice Group, a Malaysian online shopping aggregator that runs ...

by Lorenzo Kyle Subido  | October 24, 2017 02:00:00
Startup Tips

Financial Adviser: 5 Retail Lessons Every Startup Can Learn from the Co-Founder of Lazada

Lazada is the largest e-commerce destination in the country today. How did they do it?

Inanc Balci was working in an investment bank in London doing mergers and acquisition deals for technology companies when he received an email from one of the founders of Rocket Internet, Oliver Samwer, to meet at his hotel.Samwer was organizing a team ...

by Henry Ong  | October 17, 2017 11:00:00
Business Ideas

PH Online Sellers Earn As Much As Php1-M A Month on This E-Commerce Platform

The most downloaded free online shopping app in the Philippines, Shopee includes a ”?"tawad” option

One of the key themes at the ongoing Internet and Mobile Marketing Association of the Philippines’ (IMMAP) 2017 digital congress or DigiCon DX is how to harness the power of digital to grow your business. While many of the sessions focused on ...

by Lorenzo Kyle Subido  | October 13, 2017 12:00:00
News and Events

Consortium Helps Small Business Owners Get Started on E-Commerce

UREKA Forum prides itself as the country’s largest e-commerce mass conversion program

In January 2016, the Department of Trade and Industry (DTI) launched “The Philippine E-Commerce Roadmap,” which aims to bring 100,000 micro, small and medium enterprises (MSMEs) online and double e-commerce’s share of GDP to 20 percent by 2020.That looks like a tough ...

by Lorenzo Kyle Subido  | July 19, 2017 12:00:00
Run & Grow

Lazada Steps Up Fight Vs. Fake Goods

CEO Inanc Balci says Lazada is the ‘decade’s biggest entrepreneurial opportunity in the PH’

31-year-old Inanc Balci is the CEO of Lazada PhilippinesFive years since it was founded, Lazada Philippines is already the top ecommerce platform in the country, but talk to its country manager and you get the sense that they’re only getting started.The local ...

by Paul John Caña  | June 01, 2017 10:00:00
Run & Grow

This CEO Plans to Make the PH a Top Country for E-Commerce

Inanc Balci of Lazada has a personal mission

First, let’s run the numbers: Lazada Philippines is the seventh most visited website in the country according to web tracking service Alexa. The site gets roughly around 2.1 million page views and 354,550 unique visitors daily according to Hypestat. Over 10 million ...

by Paul John Caña  | May 27, 2017 06:00:00
Startup Tips

Are You Into Ecommerce? Use This Psychological Trick to Sell More

It's called social proof -- looking to others when you are unsure what to do

I recently started training in jiu-jitsu, a martial art focused on ground fighting. On my first day of class, I walked onto the mats and was greeted by a dozen experienced trainees. The instructor joined us shortly thereafter, and we began our ...

by Brian Roberts  | April 14, 2017 06:00:00
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