Lazada's RM44 Million Stimulus Package Helps Local SMEs Futu

Lazada's RM44 Million Stimulus Package Helps Local SMEs Future-Proof Business at Zero Cost Throughout MCO 2.0


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Lazada Malaysia’s SME stimulus package returns as Pakej Kedai Pintar 2.0 with a quadrupled funding of RM44 million to help over 70,000 local small-and-medium-sized enterprises (SMEs) in staying afloat throughout the second Movement Control Order (MCO). Businesses can sign up for the stimulus package from now until 28 February 2021 at http://lzd.co/SellOnLazadaMY
New and current participating sellers under the Pakej Kedai Pintar 2.0 stimulus package will enjoy 0% commission rates, waived payment fees, 90 days of dedicated store-building support, Lazada University training, subsidised advertising credits for Sponsored Search, free product exposure slots on Lazada Flash Sale, and more*.
“With more than one in three Malaysians shopping on the Lazada app every month, we are able to leverage our strong consumer base to help local SMEs ‘MCO-proof’ their business, and in the meantime, enable them to retain job stability for their employees. After we launched the first Pakej Kedai Pintar stimulus package during MCO last year, local SMEs on our platform generated more than double the sales. The impact of the initiative also goes beyond just short-term digital adoption, but also for long-term sustainability and growth as we drive the end-to-end digital transformation of entrepreneurs – from upskilling them in store building and customer engagement, to providing a unique access of real-time behavioural data, and ultimately boosting conversion,” said Sherry Tan, Chief Business Officer, Lazada Malaysia.

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