Blog: We made our money in GD Express but is it time to exit now?

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4 comment(s). Last comment by Redstart 2017-05-23 19:11

Lim HangKok

29 posts

Posted by Lim HangKok > 2017-05-23 16:32 | Report Abuse

lazada has kicked skynet out(start june), skynet no longer their 3rd party delivery partner. gdex and poslaju are the beneficiary

speakup

27,031 posts

Posted by speakup > 2017-05-23 16:58 | Report Abuse

no lar it's Nationwide express the beneficiary

Lim HangKok

29 posts

Posted by Lim HangKok > 2017-05-23 18:16 | Report Abuse

my fren is the seller in lzd. the delivery options after kick skynet are only gdex and poslaju. Natwide is out the list.

Redstart

10 posts

Posted by Redstart > 2017-05-23 19:11 | Report Abuse

The latest information I have, Lazada has roughly about 10% market share of online transaction in Malaysia. Mudah is the largest at about 20%. Zalora about the same at about 10%. Lelong and eBay less at 8%. The rest like Amazon, Groupon and Taobao has 5% or less. Can google check the report by Bain Capital on this info. Even if exclusive partner of Lazada, not enough really. Have to be a true regional player to sustain uptrend pricing.

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