Tuesday, September 24, 2013

Lazada: A Company with Unlimited Potential

The online shopping company Lazada and its creator Rocket-Internet are two companies that do not recognize limits as far as success is concerned. These two are companies with extremely unlimited potential and let us examine why it is so. Starting off with Rocket-Internet, this company has been the stuff of legends both in online business incubation world and the world of e-commerce. It is the biggest online business incubator in the world and that is a fact. This gargantuan internet company has been building, creating and propelling great online start-ups to e-commerce rock stardom for more than a decade now starting as early as 1999.

 Since then, it has built over 100 industry dominating online businesses, internet ventures and e-commerce websites in over 50 countries all over this planet. Simply put, if there is an internet connection and if there is money to make, Rocket-Internet is going to be there. So where is this amazing online venture builder that built the country’s first online shopping mall located at? I assume that you might have initially guessed it is Silicon Valley or somewhere in the good old US of A well trust me that was my initial reaction too when I was reading on the topmost page of their official website until I came down to the information that says they are operating out of and has the corporate headquarters in Berlin, Germany, a city in which teach heads and other people in the information technology and internet industry tout as Europe’s answer to Silicon Valley much like how Bollywood is India’s answer to America’s Tinseltown which is of course Hollywood.  The Rocket is running strings of offices scattered worldwide covering 25 countries including our very own the Philippines. The satellite office in the Philippines is of course located in the vibrant Central Business District of Makati where most of the big name multinationals are found.

The company’s goal in establishing that huge presence in different countries is to make sure that all developed and up and coming markets are given full attention and coverage. The primal aim of the company’s business of to build profitable, transaction driven business concepts. Rocket-Internet is an online business incubator sand provider of venture capital but it does not stop on those two things and try as much as possible to be everything they could possibly can for their online ventures. So they put together all the necessitous ingredients to create intricate unbeatable final results such as finance, manpower, concept and of course technology. It is not by mere chance that Lazada Philippines succeeded in the local market in such as very short span of time, it is because Rocket-Internet placed all its expertise and operational knowledge in making sure that the company achieves its goal of existence which is to produce profit and service its customers to the fullest. The company is involved during the harder beginning stages of operations covering all essential functions just so everything is seamlessly done. The future is not certain but what is certain is that this company is going to be there in the long run.   



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