ONLINE shopping platform Zalora is upbeat about the prospects of the e-commerce market in the Philippines given its own growth story in recent years. Paulo Campos 3rd, chief executive officer of Zalora Philippines, told The Manila Times it was not impossible for the Philippines to top the Southeast Asian e-commerce market in the years ahead. Campos noted that Zalora’s growth in the country had surpassed Southeast Asian peers. In December, Campos told reporters that Zalora has been generating higher than the 34 percent growth it had posted in the past 10 years. Ayala acquired a 49-percent stake in Zalora Philippines last year from Global Fashion Group.

Source: Manila Times February 18, 2018 16:07 UTC