by Ferry Bayu | Aug 29, 2023 | Business
PDD-owned Temu enters the Philippines to heat up competition in Southeast Asia’s e-commerce market against Alibaba’s Lazada and TikTok Shop
Budget shopping app provider Temu, owned by multinational e-commerce group PDD Holdings, has started operations in the Philippines to kick off its expansion into Southeast Asia, where it faces tough head-to-head competition against Alibaba Group Holding unit Lazada, ByteDance‘s TikTok Shop and Singapore-based Shopee.
Temu over the weekend quietly made its “grand opening” in the Philippines, where the Boston-based sibling of Chinese online retailer Pinduoduo offered up to 90 per cent off items such as T-shirts, double-sided tape, and kitchen storage and appliances, according to its website.
The generous discounts form part of a tried-and-tested playbook that has helped Temu climb to the top of Apple‘s App Store and Google Play’s free-app rankings when the online marketplace launched in the United States last year.
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Temu’s debut in the Philippines underscores its strategic business expansion across Asia after its foray last month into Japan and South Korea, as it now targets the less wealthier economies in the region.
In June, Temu sent out a survey to online merchants asking which platforms they were already using in Japan, South Korea and Southeast Asia.
Temu, which is now available in more than 38 countries, did not immediately reply to a request for comment on Monday.
Southeast Asia’s e-commerce market, which comprises 11 economies at different stages of development, is projected to reach around US$230 billion in gross merchandise volume by 2026, according to an article published last December by global management consulting firm McKinsey & Co.
Indonesia and Singapore lead the region with an e-commerce penetration rate of about 30 per cent, the McKinsey article said. The Philippines, Thailand and Vietnam trail the market with an e-commerce penetration rate of about 15 per cent.
Lazada, for example, recorded double-digit order growth year on year in Southeast Asia during the quarter ended June 30 on the back of improved monetisation and operating efficiency, according to Alibaba’s earnings report for the period. Alibaba owns the South China Morning Post.
Southeast Asia’s growth potential has become more attractive to Chinese e-commerce services providers, as mainland consumers adjust their spending habits to account for the country’s less-than optimistic economic outlook.
That prompted Alibaba last month to inject US$845 million in fresh capital into Lazada, which received its first investment from the e-commerce giant in 2016 when the Hangzhou-based group took a controlling stake in the firm. Alibaba made subsequent investments that increased its stake in Lazada to more than 80 per cent.
TikTok chief executive Chew Shou Zi in June said the company would pour billions of dollars into Southeast Asia in the coming years, based on the rapid rise of its online shopping business across that market.
Temu owner PDD reported a 58 per cent year-on-year increase in first-quarter revenue to 37.6 billion yuan (US$5.2 billion), despite macroeconomic headwinds and slowing retail sales across the country. Nasdaq-listed PDD will report its second-quarter financial results on Tuesday.
This Press Release has also been published on VRITIMES
by Penny Angeles-Tan | Apr 21, 2022 | Discounts, Sales, and Giveaways
Families are in for an exciting treat as JS Unitrade (JSU), the makers of the leading EQ Baby Diapers, hosts its EQ Super Brand Day on Lazada on April 18-22, 2022! For this Super Brand Day, JSU and Lazada give you and your family the chance to enjoy special discounts of up to 50% off on EQ & Genius Baby Diapers and other JSU’s best value products that are reasonably priced yet of great quality – Feminine Care products (Charmee Napkins, Pantyliners, and Feminine Wipes), Incontinence Care (Caress Adult Diapers and Underpads, Hy-Pants and Secure Adult Pull-Up Pants), Baby Wipes (Nursy and EQ Baby Wipes), Cleansing & Disinfecting Wipes (Hy-5), Household Paper Towels (Tidy & Kitchenmate), and Oral Care products (Jordan).
In line with JSU’s mission to enable Filipinos to improve and advance the everyday lives of their families, they introduced some breakthrough products which you can also avail of on the upcoming EQ Super Brand Day.
For first-time parents out there, you can ensure that your baby is mess-free and thoroughly clean with EQ Baby Wipes. It is made with 99% pure water and has no harmful chemicals, making sure your baby gets the gentlest care and utmost protection they deserve.
On the other hand, for those women who want to go about their day with full comfort and confidence during their extra heavy flow period days, they have an ally with Charmee Menstrual Pants! It offers ultimate protection to prevent leaks and comes in an underwear-like design to help you feel at ease.
For those who are experiencing loss of bladder or bowel control, you don’t need to suffer in silence and let the condition control your life. You can enjoy your day to the fullest like spending quality time or enjoying a great time outdoors with friends and family, without having to worry about leaks with the help of Hy-Pants Adult Underwear. These pull-up pants are designed to help you manage your incontinence condition without any worries, with your dignity and self-esteem intact.
Other perks available on EQ Super Brand Day include shipping vouchers, promo packs, and freebies. Watch out for JSU’s Lazada LazLive on April 18, Monday, at 5 PM to score awesome deals on all JSU products and get a chance to be one of the lucky viewers to win exciting raffle prizes. You can follow and watch the Livestream on the official Facebook pages of JSU brands: EQ: http://www.facebook.com/EQDiapers, Charmee: http://www.facebook.com/CharmeeFeminineProtection, Caress: http://www.facebook.com/CaressPH, Nursy: http://www.facebook.com/NursyBabyWipes and Jordan Oral Care: http://www.facebook.com/JordanOralCarePh.
With this EQ Super Brand Day on Lazada, get yourself and your loved ones the best value products that will enrich your lives in small but meaningful ways. For more information and updates, visit https://jsunitrade.com/.
by Penny Angeles-Tan | Jun 11, 2021 | Car care tips
Amid the ‘new normal,’ most car owners use their vehicles less frequently. Except for frontline workers, the public is encouraged to go out only when necessary to help prevent the spread of COVID-19. Despite this, Prestone, a proven and trusted quality brand of Auto Care fluids since 1927, reminds motorists to religiously check their vehicles and go for annual preventive maintenance to avoid the hassle of a car breakdown when they return on the road.
According to Prestone Philippines, car owners need to focus on two frequently overlooked fluids—the Automatic Transmission and Power Steering Fluids.
Shifting With Ease
The Automatic Transmission Fluid (ATF) is an essential fluid that lubricates the bearings and metal parts inside a car’s automatic gearbox. It also keeps them from grinding down as they move.
Car owners need to regularly maintain their vehicle’s ATF since it not only lubricates the moving parts but also provides hydraulic pressure and friction to make the internal parts work. Transmission fluid in both manual and automatic transmissions also helps to keep the transmission cool. Since most cars today use AT transmissions, keeping tabs on them is vital since it is more expensive to repair than manual transmission cars.
Additionally, Prestone said that using auto transmission fluids provide the necessary power for the demands of the city or highway. Prestone’s Auto Transmission Fluid (ATF) helps delay and, at its best, eliminate the need for costly repairs with cracked and dry seals conditioning and its stop leak technology. In addition, its high and low-temperature friction characteristics provide smooth shifting under extreme conditions, meeting the needs of various cars.
Turning With Ease
Meanwhile, Power Steering Fluid (PSF) is a kind of hydraulic fluid transferring power in modern vehicles with power steering. As a vital part of your steering system, power steering fluid allows drivers to turn the steering wheel smoothly. The use of PSF varies depending on the car with some requiring ATF to come along with it.
Unfortunately, topping up PSF is typically not included in regular maintenance but it still needs to be maintained to prevent grit and sludge from accumulating and further getting into the car’s pinion seals and rack, consequently destroying it. Prestone highly recommends that car owners periodically change their car’s PSF, using high-quality fluids and consulting expert mechanics to maintain it.
The Prestone Power Steering Fluid protects pumps against pump breakdown caused by wear, oxidation, and foaming through its stop leak technology. As a result, it lessens pump squealing and aid in smooth power steering operation. It also pours at sub-zero temperatures to help assure cold weather steering performance.
As a final reminder, car owners must stay cautious against counterfeit products sold in the market today, especially Brake Fluid. Using fake products can cause malfunctions or permanently damage various parts of your vehicle, leading to a car breakdown, accidents, or engine replacement.
Watch out for sellers offering products that come from unknown sources and with suspicious prices and discounts. To know its authenticity, check the product’s details, look for imperfections, and ensure it has a PS mark or ICC stickers issued by the Philippine Bureau of Product Standards.
To know more about Prestone Philippines, visit their website at https://www.prestone.com.ph/ and follow their Facebook page, Prestone Philippines. You can also buy authentic Prestone products on their Lazada page, The Clorox Company Flagship Store.
by Penny Angeles-Tan | Mar 2, 2021 | Beauty
Confidence is truly the new sexy. Nothing is more attractive than a man who exudes the right amount of confidence and sleekness. Good thing, there is Blackwater’s Deo Spray for Men to help one exude confidence and get comfortable in your own skin.
Blackwater Deo Spray for Men is a new set of fragrances that is sure to help every man feel clean and confident at any time of the day.
Blackwater Deo Spray for Men is available in High Spirits, Dark Rebel, Smooth Chaos, and Dark Pleasure. These four citrus-woody scents provide protection from odor-causing germs and keep one smelling great longer – perfect for the busy men on the go.
For only ₱185 per bottle, the Blackwater Deo Spray for Men is available at all leading supermarkets, department stores, and drugstores nationwide. You can also shop online via Shopee and Lazada.
Make sure to follow @blackwaterphofficial on Facebook to get all the latest news and updates.
by Penny Angeles-Tan | Jan 24, 2021 | Health and Wellness
2020 has revealed a lot of things that most people haven’t given much attention to before. It’s crazy how from one year you never knew you’ve been embarrassing yourself in front of people by just scratching your scalp repeatedly because of scalp itch and dandruff. Now, we have a name for this – itch-uations. How does it feel to finally be in terms with the fact that you’ve been having itch-uations even before it was a thing? Embarrassing, right?
That one time you were on a video conference call to present and all eyes were on you. Remember that last meeting with your crush? Oh, and that meetup that you recently did with your friends.
Do you know what those moments all had in common? You were scratching your scalp, subtly yet it’s still noticeable. Itch Nakakahiya!
But it’s time to forget all those awkward itch-uations. Leave them all behind and look forward to big moments without the itch. Because you can free yourself from itch with every use of Head & Shoulders!
As the world’s #1 shampoo, Head & Shoulders products are clinically proven to help fight and protect the scalp against scalp germs that cause dandruff. Formulated with active ingredients to fight the causes of dandruff and itch, and with continuous use, you can be sure that dandruff is not going to turn up anytime soon. You’re sure to start 2021 dandruff-free, itch-free, and free from the subtle yet long-lasting embarrassment of itch-uations.
And now it’s time to embrace your past itch-uations because you’re not alone in this fight against dandruff and itch. Here’s a much-needed push for motivation! Let’s hear it from the many people who’ve dealt with itch-uations just like you, and their promises for a cleaner, dandruff, and itch-free scalp.
Cole shared that his scalp went through a lot last 2020 — awkward brushing, dandruff problems, and on top of that finding the right shampoo was also a struggle. But, lo and behold, Head and Shoulders came to her scalp’s rescue which made her commit to dandruff-free and clean hair.
Check more of these scalp defining moments and testimonials in the comments section of the Head & Shoulders Philippines Facebook and Instagram posts.
Here’s a shocker — itch-uations are actually very common, and you’re not the only one dealing with them. So, stop letting your past haunt you because Head & Shoulders got your scalp covered and to save you from the embarrassment of possible itch-uations. Here’s to dandruff and itch-free new year with every use of Head & Shoulders!
Don’t let your scalp waiting, checkout Head & Shoulders now via Lazada or Shopee.
The Automatic Transmission Fluid (ATF) is an essential fluid that lubricates the bearings and metal parts inside a car’s automatic gearbox. It also keeps them from grinding down as they move.
Meanwhile, Power Steering Fluid (PSF) is a kind of hydraulic fluid transferring power in modern vehicles with power steering. As a vital part of your steering system, power steering fluid allows drivers to turn the steering wheel smoothly. The use of PSF varies depending on the car with some requiring ATF to come along with it.
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