Who is Max Chafkin?

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Max Chafkin Biography & Facts

Lazada Group is an international e-commerce company founded by Maximilian Bittner, Mads Faurholt, Stefan Bruun, and Raphael Strauch with the backing of Rocket Internet in 2012, and owned by Alibaba Group. In 2014, Lazada Group operated sites in multiple countries and had raised approximately US$647 million over several investment rounds from its investors such as Tesco, Temasek Holdings, Summit Partners, JPMorgan Chase, Investment AB Kinnevik and Rocket Internet. Its sites launched in March 2012, with a business model of selling inventory to customers from its own warehouses. In 2013 it added a marketplace model that allowed third-party retailers to sell their products through Lazada's site; the marketplace accounted for 65% of its sales by the end of 2014. In April 2016, Alibaba Group bought controlling stake in Lazada to support Alibaba's international expansion plans.In September 9 2018, Lazmall was launched on the platform to encourage purchase from 100% authentic brands. Extra services like 15 days return policy and also next day delivery was put in place.In August 2018, Lazada is the largest e-commerce operator in Southeast Asia based on average monthly web visits.In September 2019, Lazada claimed it was the top e-commerce platform in Southeast Asia with more than 50 million active buyers annually. History Lazada Group was founded in 2012 by Maximilian Bittner with the backing of Rocket Internet with the intention of establishing the Amazon.com business model in Southeast Asia to take advantage of the nascent online consumer market and Amazon's weak presence there; Rocket is a German incubator that builds companies that copy the business models of successful US tech companies in emerging markets. Lazada's e-commerce websites soft launched in 2012. It raised four rounds of funding in 2012 and early 2013: JP Morgan invested an undisclosed amount in September, Swedish investment firm Kinnevik invested $40 million in November, American private equity firm Summit Partners invested $26 million in December, and Tengelmann invested about $20 million in January 2013. It also added a 2-day guaranteed delivery services, addressing one of the most common complaints about Lazada's service, and one of its biggest challenges, which it had attempted to address by making a "massive, incalculable investment" in warehouses and delivery services.In June 2013, Lazada announced it had raised an additional $100 million, and it launched mobile applications for Android and iOS devices. In December 2013, it raised an additional $250 million from Tesco PLC, Access Industries, and other existing investors.In May 2014, Lazada launched in Singapore.In November 2014, Temasek Holdings in Singapore led a funding round of $250 million, bringing the total Lazada had raised to approximately $647 million. Also that month, Lazada announced that its marketplace platform accounted for more than 65% of its overall sales, and that the number of third-party sellers on the platform had increased from ~500 in November 2013, to close to 10,000 in December 2014. The number of employees across the region reached approximately 4,000.For 2014, Lazada's net operating losses were $152.5 million on net revenues of $154.3 million. However, its percentage of losses relative to its Gross Merchandise Volume - the value of all the products sold through the site - was smaller in 2014 than in 2013 due to growth in its GMV from $95 million in 2013 to $384 million in 2014, driven by marketplace sales.In 2015, Lazada's challenges for growth were the preference for brick and mortar shopping among customers, with just about 1% of people buying online compared to 10% of International shoppers; the lack of credit cards and the concomitant requirement to arrange cash on delivery systems, reliable delivery especially in rural regions, and the threat of competition from Amazon and Alibaba.In March 2016, Lazada claimed it recorded a total of $1.36 billion in annual GMV across its six markets in Southeast Asia, making it the largest e-commerce player.In April 2016, Alibaba Group announced that it intended to acquire a controlling interest in Lazada by paying $500 million for new shares and buying $500M worth of shares from existing investors. The British supermarket company Tesco confirmed the sale of 8.6% of its holding in Lazada to Alibaba for $129 million. Alibaba gave the following reasons for its investment: the market in South-East Asia has growing middle-class income populations, estimated at that time to be around 190 million people in the region with a disposable income of $16-$100 a day, and this was expected to grow to 400 million people in 2020.In June 2017, Alibaba Group increased its investment in Lazada by an additional $1 billion, raising its stake from 51% to 83%. Alibaba invested another $2 billion into Lazada in March 2018, and founder Max Bittner was replaced as CEO by Alibaba executive Lucy Peng.In September 2018, Lazmall was launched on the platform to encourage purchase from 100% authentic brands. Extra services like 15 days return policy and also next day delivery was put in place.In December 2018, Peng was replaced by Pierre Poignant as CEO of Lazada, with Peng taking the role of executive chairwoman.In December 2019, Lazada partnered up with Citibank to launch a new credit card in Singapore, and then various countries later then. In June 2020, Pierre Poignant was replaced by Chun Li as CEO of Lazada. See also Snapdeal IndiaMART Amazon Flipkart eBay Tata CliqReferences External links Official website . Discover the Max Chafkin popular books. Find the top 100 most popular Max Chafkin books.

Best Seller Max Chafkin Books of October 2021

Summary: P. W. Singer's Like War book summary, reviews and downlod

Summary: P. W. Singer's Like War

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In their bestselling book LikeWar: The Weaponization of Social Media, authors P. W. Singer and Emerson Brooking tackle the numerous mind‑bending questions that arise in the age of socia...

Summary of Say Nothing: A True Story of Murder and Memory in Northern Ireland by Patrick Radden Keefe (Discussion Prompts) book summary, reviews and downlod

Summary of Say Nothing: A True Story of Murder and Memory in Northern Ireland by Patrick Radden Keefe (Discussion Prompts)

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Say Nothing: A True Story of Murder and Memory in Northern Ireland by Patrick Radden KeefeAward-winning New Yorker writer Patrick Radden Keefe writes a stunning and very intricat...

American Marxism by Mark R. Levin (Discussion Prompts) book summary, reviews and downlod

American Marxism by Mark R. Levin (Discussion Prompts)

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American Marxism by Mark R. Levin In this comprehensive look into American Marxism by Mark R. Levin, you'll gain insight with this essential resource as a guide to aid ...

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Summary of How to Be an Antiracist by Ibram X. Kendi (Discussion Prompts)

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How to Be an Antiracist by Ibram X. KendiFrom the National Book Award-winning author of 'Stamped from the Beginning' comes another groundbreaking book titled, 'How to be an anti-...

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Summary of Stamped from the Beginning: The Definitive History of Racist Ideas in America by Ibram X. Kendi (Discussion Prompts)

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Stamped from the Beginning: The Definitive History of Racist Ideas in America by Ibram X. KendiDeriving inspiration for its title from a speech delivered in the U.S. Senate in 18...

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Summary: Dr. Jason Fung's The Obesity Code

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Readers of Dr. Jason Fung's The Obesity Code: Unlocking the Secrets of Weight Loss seeking engagement for all reading groups can gain further insight with this essentia...

Summary of CIRCE by Madeline Miller (Discussion Prompts) book summary, reviews and downlod

Summary of CIRCE by Madeline Miller (Discussion Prompts)

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CIRCE by Madeline MillerMadeline Miller, the author of the international bestseller The Song of Achilles, comes to another powerful tale Circe. Circe ranks high in the bestseller...

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Summary of The Education of an Idealist: A Memoir by Samantha Power (Discussion Prompts)

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The Education of an Idealist: A Memoir by Samantha PowerThe Education of an Idealist: A Memoir is a 2019 nonfiction book written by Samantha Power. It was published on September ...

Forgiving What You Can't Forget: Discover How to Move On, Make Peace with Painful Memories, and Create a Life That's Beautiful Again by Lysa Terkeurst (Discussion Prompts) book summary, reviews and downlod

Forgiving What You Can't Forget: Discover How to Move On, Make Peace with Painful Memories, and Create a Life That's Beautiful Again by Lysa Terkeurst (Discussion Prompts)

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Forgiving What You Can't Forget: Discover How to Move On, Make Peace with Painful Memories, and Create a Life That's Beautiful Again by Lysa Terkeurst Forgiving What You Can't Fo...

Summary of The Body Keeps the Score: Brain, Mind, and Body in the Healing of Trauma by Dr. Bessel van der Kolk (Discussion Prompts) book summary, reviews and downlod

Summary of The Body Keeps the Score: Brain, Mind, and Body in the Healing of Trauma by Dr. Bessel van der Kolk (Discussion Prompts)

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The Body Keeps the Score: Brain, Mind, and Body in the Healing of Trauma by Dr. Bessel van der KolkThe Body Keeps the Score: Brain, Mind, and Body in the Healing of Trauma' is wr...

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Summary of Leadership: In Turbulent Times by Doris Kearns Goodwin (Discussion Prompts)

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Leadership: In Turbulent Times by Doris Kearns Goodwin“In this New York Times bestselling book, author Doris Kearns Goodwin writes about the culmination of five decades of stud...

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Summary of Why We Sleep: Unlocking the Power of Sleep and Dreams by Matthew Walker (Discussion Prompts)

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Why We Sleep: Unlocking the Power of Sleep and Dreams by Matthew Walker“New York Times bestselling book Why We Sleep: Unlocking the Power of Sleep and Dreams is the first sleep book ...

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Summary: Kristin Hannah's The Great Alone

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Readers of Kristin Hannah's The Great Alone: A Novel from the #1 New York Times Best Selling Author of The Nightingale seeking engagement for all reading groups can gai...

The Code Breaker: Jennifer Doudna, Gene Editing, and the Future of the Human Race by Walter Isaacson (Discussion Prompts) book summary, reviews and downlod

The Code Breaker: Jennifer Doudna, Gene Editing, and the Future of the Human Race by Walter Isaacson (Discussion Prompts)

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The Code Breaker: Jennifer Doudna, Gene Editing, and the Future of the Human Race by Walter Isaacson The Code Breaker: Jennifer Doudna, Gene Editing, and the Future of the Human ...

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Summary of Where the Crawdads Sing Delia Owens (Discussion Prompts)

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Where the Crawdads Sing Delia Owens“New York Times bestselling book Where The Crawdads Sing is about the rumors about the Marsh Girl that have haunted Barkley Cove for years. W...

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The Afghanistan Papers: A Secret History of the War by Craig Whitlock & The Washington Post (Discussion Prompts)

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The author of the New York Times bestselling books The Lacuna, Flight Behavior, and The Poisonwood Bible Barbara Kingsolver returns with a novel that interweaves the past and present. In ...

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Summary: John Doerr's Measure What Matters

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Readers of John Doerr's Measure What Matters: How Google, Bono, and the Gates Foundation Rock the World with OKRs seeking engagement for all reading groups can gain fur...

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Summary of Dear Edward: A Novel by Ann Napolitano (Discussion Prompts)

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Dear Edward: A Novel by Ann NapolitanoDear Edward is written by Ann Napolitano and is the author's third book. Known for masterfully writing tales that portray human emotions and...

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Summary of Washington Black: A novel by Esi Edugyan (Discussion Prompts)

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Washington Black: A novel by Esi EdugyanThe critically-acclaimed novel Washington Black is hailed as one of the best books of the year by major publications. Esi Edugyan’s nove...

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Summary: Delia Owens' Where the Crawdads Sing

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New York Times bestselling book Where The Crawdads Sing is about the rumors about the Marsh Girl that have haunted Barkley Cove for years. Where The Crawdads Sing is set in late 1969. Cha...

Keep Sharp: Build a Better Brain at Any Age by Sanjay Gupta M.D. (Discussion Prompts) book summary, reviews and downlod

Keep Sharp: Build a Better Brain at Any Age by Sanjay Gupta M.D. (Discussion Prompts)

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Keep Sharp: Build a Better Brain at Any Age by Sanjay Gupta M.D. Dr. Sanjay Gupta tells us about his extraordinary experiences when he opened the black box and touched on the mys...

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Summary of How to Be a 3% Man, Winning the Heart of the Woman of Your Dreams by Corey Wayne (Discussion Prompts)

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How to Be a 3% Man, Winning the Heart of the Woman of Your Dreams by Corey WayneHow to be a 3% Man is a book written by Corey Wayne, a life coach who teaches self-reliance. This ...

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Summary: Johann Hari's Lost Connections

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Award-winning journalist Johann Hari writes a new bestselling book Lost Connections: Uncovering the Real Causes of Depression – and the Unexpected Solutions. In this book, Hari writes a...

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Summary of American Predator: The Hunt for the Most Meticulous Serial Killer of the 21st Century by Maureen Callahan (Discussion Prompts)

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American Predator: The Hunt for the Most Meticulous Serial Killer of the 21st Century by Maureen CallahanAmerican Predator: The Hunt for the Most Meticulous Serial Killer of the ...

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Summary: Kate Quinn's The Alice Network

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Readers of Kate Quinn's The Alice Network: A Novel seeking engagement for all reading groups can gain further insight with this essential resource as a guide to aid you...

Summary of The Island of Sea Women: A Novel by Lisa See (Discussion Prompts) book summary, reviews and downlod

Summary of The Island of Sea Women: A Novel by Lisa See (Discussion Prompts)

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The Island of Sea Women: A Novel by Lisa SeeLisa See, the author of the New York Times bestselling novel The Tea Girl of Hummingbird Lane, writes a new novel about family secrets...

I Alone Can Fix It: Donald J. Trump's Catastrophic Final Year by Carol Leonnig (Discussion Prompts) book summary, reviews and downlod

I Alone Can Fix It: Donald J. Trump's Catastrophic Final Year by Carol Leonnig (Discussion Prompts)

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White Fragility: Why It's So Hard for White People to Talk About Racism by Robin DiAngelo“DiAngelo is an anti-racist educator and she is sharing in this book the phenomenon of ...

Summary: Michael Pillsbury's The Hundred-Year Marathon book summary, reviews and downlod

Summary: Michael Pillsbury's The Hundred-Year Marathon

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Distinguished defense policy adviser Michael Pillsbury writes his bestselling book The Hundred-Year Marathon: China's Secret Strategy to Replace America as the Global Superpower. In this boo...

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Summary of A Long Petal of the Sea: A Novel by Isabel Allende (Discussion Prompts)

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A Long Petal of the Sea: A Novel by Isabel AllendeA Long Petal of the Sea, written by Isabel Allende, was published by Ballantine Books on January 21, 2020. The novel became a Ne...

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Summary of Eleanor Oliphant Is Completely Fine: A Novel by Gail Honeyman (Discussion Prompts)

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Eleanor Oliphant Is Completely Fine: A Novel by Gail HoneymanGail Honeyman’s #1 New York Times bestselling book Eleanor Oliphant Is Completely Fine is also a certified book Ree...

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Summary: Pam Jenoff's The Lost Girls of Paris

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Pam Jenoff’s New York Times bestselling book The Lost Girls of Paris is set in Manhattan, New York in 1946. As Grace Healey passed through Grand Central Terminal on her way to work, she...

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Summary: Dr. Jason Fung's The Complete Guide to Fasting

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Dr. Jason Fung’s book The Complete Guide to Fasting: Heal Your Body Through Intermittent, Alternate-Day, and Extended is the comprehensive manual to the revolutionary healthy habit of f...

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Summary of Atomic Habits: An Easy & Proven Way to Build Good Habits & Break Bad Ones by James Clear (Discussion Prompts)

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Atomic Habits: An Easy & Proven Way to Build Good Habits & Break Bad Ones by James ClearNo matter what your goals are, James Clear’s Atomic Habits: An Easy & Proven...

Summary: Rachel Kadish's The Weight of Ink book summary, reviews and downlod

Summary: Rachel Kadish's The Weight of Ink

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In 2017, author Rachel Kadish published her book The Weight of Ink. Since then, it has received critical acclaim. It has been hailed as the winner of the National Jewish Book Award. It al...

The Lincoln Highway: A Novel by Amor Towles (Discussion Prompts) book summary, reviews and downlod

The Lincoln Highway: A Novel by Amor Towles (Discussion Prompts)

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A Promised Land by Barack Obama (DiscussionPrompts)

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A Promised Land by Barack Obama A Promised Land is the first part of a two-part memoir written by the 44th president of the United States. The book was among 2020’s top sellers...

The 48 Laws of Power by Robert Greene (Discussion Prompts) book summary, reviews and downlod

The 48 Laws of Power by Robert Greene (Discussion Prompts)

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The 48 Laws of Power by Robert Greene The 48 Laws of Power was written by Robert Greene, who is also known for writing New York Times Bestselling non-fiction books such as The 33...

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Summary of American Dirt (Oprah's Book Club): A Novel by Jeanine Cummins (Discussion Prompts)

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American Dirt (Oprah's Book Club): A Novel by Jeanine CumminsAmerican Dirt: A Novel is a 2020 novel written by Jeanine Cummins. The book was published by Flatiron Books on Januar...

The Drama of the Gifted Child: The Search for the True Self by Alice Miller (Discussion Prompts) book summary, reviews and downlod

The Drama of the Gifted Child: The Search for the True Self by Alice Miller (Discussion Prompts)

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Jackpot: A Teddy Fay Novel, Book 5 by Stuart Woods & Bryon Quertermous (Discussion Prompts) book summary, reviews and downlod

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Summary: Dan Bongino's Spygate

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The New York Times and Wall Street Journal bestselling book Spygate: The Attempted Sabotage of Donald J. Trump is a comprehensive story of how the people behind the Hillary Clinton campai...

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Summary: Vincent Pedre's Happy Gut

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Following the success of his bestselling books Clean Gut and Wheat Belly, functional medicine expert Dr. Vincent Pedre returns with this essential guide to improving digestive health. In ...

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Summary: Brené Brown's Dare to Lead

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In the #1 New York Times bestselling book Dare to Lead: Brave Work. Tough Conversations Whole Hearts., author Brené Brown is teaching her readers what it really means to dare great...

Summary of The Dutch House: A Novel by Ann Patchett (Discussion Prompts) book summary, reviews and downlod

Summary of The Dutch House: A Novel by Ann Patchett (Discussion Prompts)

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The Dutch House: A Novel by Ann PatchettAnn Patchett’s latest novel titled The Dutch House, is her first novel revolving around historical fiction. It has been chosen to be fea...

Summary: James Clear's Atomic Habits book summary, reviews and downlod

Summary: James Clear's Atomic Habits

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No matter what your goals are, James Clear’s Atomic Habits: An Easy & Proven Way to Build Good Habits & Break Bad Ones offers a framework that has been proven for making progres...

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Summary: Colleen Hoover''s Verity

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The #1 New York Times bestselling author Colleen Hoover writes a tragic romantic thriller entitled Verity. This book is about Lowen Ashleigh, a struggling writer who was on the brink of f...

Bridgerton Collection Volume 1: The First Three Books in the Bridgerton Series by Julia Quinn (Discussion Prompts) book summary, reviews and downlod

Bridgerton Collection Volume 1: The First Three Books in the Bridgerton Series by Julia Quinn (Discussion Prompts)

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Bridgerton Collection Volume 1: The First Three Books in the Bridgerton Series by Julia Quinn The Bridgerton Collection Volume 1, the most popular work of Julia Quinn as of late,...

Best Seller Max Chafkin Audio Books of October 2021

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