With the phased outbreak of the global epidemic, uncertainties have frequently appeared in the international market. Cross-border e-commerce will be affected in terms of supply chain, logistics and capital. Among them, small and medium-sized businesses are particularly vulnerable. Insufficient cash flow is one of the main factors that affect the risk resistance of small and medium-sized businesses. When communicating with merchants, Lazada’s clerks found that many merchants’ stocking funds for peak seasons were slow to return and lacked working capital, which ultimately hindered the process of optimizing inventory and marketing and made it impossible to fully prepare for the next surge in orders. Therefore, many merchants asked the clerks to add financial services to the platform to solve the problem of turnover. In order to help cross-border merchants quickly solve funding problems and welcome the upcoming promotion season, Lazada and MyBank launched the first phase of supply chain financial services, connecting MyBank's credit loan application port in the merchant center, bringing safe, convenient and fast financial value-added services to Chinese cross-border merchants. Merchants can obtain a maximum credit line of 1 million yuan from MyBank in just three steps, with an annualized interest rate as low as 5.475%. It is purely online and unsecured, making the merchant's gold-digging journey in Southeast Asia smoother and worry-free. Even though the growth rate of the domestic e-commerce market has slowed down, Southeast Asian cross-border e-commerce is still a vast market space worth looking forward to. In the "Southeast Asian E-commerce Market Data Report" released by TMO Group in early February, it is estimated that the GMV of Southeast Asian e-commerce in 2021 is expected to reach US$105 billion (US$62 billion in 2020). Before the outbreak of the epidemic in 2019, this figure was only US$38 billion, a cumulative increase of 176.3%. Therefore, the Southeast Asian e-commerce market has unparalleled development advantages and potential.
As Alibaba's flagship e-commerce platform in Southeast Asia, Lazada has been deeply involved in the Southeast Asian market since its establishment in 2021. It currently has approximately 100 million annual active consumers in six Southeast Asian countries, and its orders have achieved triple-digit year-on-year growth for three consecutive quarters. It has become the first choice for Chinese brands to enter the Southeast Asian market. Lazada provides cross-border merchants with low-cost, one-stop e-commerce operation solutions, enabling merchants to expand sales in Southeast Asia through technology, logistics and platform services. Improving the operational efficiency of merchants is one of the core explorations of the Lazada official team. Many small and micro enterprises and entrepreneurs will encounter the problem of insufficient working capital during their operations. In order to help more merchants smoothly overcome the difficult operating period and quickly and steadily enter the growth stage, Lazada and Ant Financial have jointly launched merchant financial value-added services. MyBank Credit Loan is a loan product that serves small and micro businesses and entrepreneurs, with the advantages of low interest rates, long terms, high loan limits and flexible repayments. Following the cooperation between the two parties, merchants only need to log in to the Lazada merchant backend and the corporate legal person Alipay to check the loan limit . The entire process is online, and you can apply for MyBank's financial value-added services of up to 1 million yuan in three steps. If you are still at a loss for insufficient funds, then quickly enter the merchant backend and follow the editor to operate!
Q1: What is the repayment method and loan term? A: You can borrow and repay at any time. There is no service charge for early repayment. The maximum term is 12 months .
Q2: How much does it cost? A: During normal use of the loan, no other fees will be charged except the interest agreed in the contract.
Q3: Can I repay the loan in advance? A: You can borrow and repay at any time, and there is no service charge for early repayment.
Q4: How to repay? A: You can log in to the loan backend to repay the money, or ensure that there is sufficient balance in the Alipay account bound to you when you sign the contract, and the balance will be automatically deducted from it on the repayment date.
Q5: When applying for a credit loan, it shows that there is no credit limit A: Please be patient. Lazada and MyBank will launch the second phase product "Lazada Merchant Exclusive Financial Service" in the near future. Please go to the page to check the credit limit then.
In order to specifically help more Lazada merchants solve the pain points of difficulty in borrowing and high costs and enhance their ability to resist risks, Lazada will work with Ant Financial to launch "Lazada Merchant Exclusive Financial Services" in the second phase. By then, it will carry out a new multi-dimensional upgrade based on the original Ant Financial credit loan products, providing Lazada merchants with customized exclusive supply chain financial services. At the same time, it will also launch preferential activities such as interest rate discounts, limited-time interest-free, and big promotion increase to help merchants solve the problem of capital chain. Please continue to pay attention, and you are also welcome to feedback your needs in the background of Lazada’s official WeChat public account. In the future, Lazada will escort merchants in more ways and help them embrace the blue ocean of Southeast Asia!
Lazada Southeast Asia MyBank finance |
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