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电报群:Lazada takes a stake in Touch ‘n Go eWallet

时间:3周前   阅读:11   评论:8

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Touch ‘n Go group chief executive officer (CEO) Effendy Shahul Hamid said the collaboration with Lazada will bring next-level value propositions to users and merchant bases across the Lazada and Touch ‘n Go ecosystem.

PETALING JAYA: eCommerce player Lazada Group has emerged as an investor in Touch ‘n Go eWallet’s operator, TNG Digital Sdn Bhd, which in turn is majority-owned by CIMB Group Holdings Bhd and China’s Ant Group.

It was announced yesterday that TNG Digital has raised RM750mil from its latest equity funding round, led by a new investment by Lazada and a follow-on investment by Touch ‘n Go Sdn Bhd.

However, the exact amount invested by Lazada was not disclosed.

Touch ‘n Go Sdn Bhd is the parent company of TNG Digital. The former is in turn wholly-owned by CIMB.

Touch ‘n Go group said the new investment solidifies the collaboration between key segment leaders, one in eCommerce and one in digital financial services and payments.

Touch ‘n Go eWallet

The latest round of funding brings the total amount raised by TNG Digital over the last 18 months to over RM1bil.

In addition to Touch ‘n Go and Lazada, other shareholders of TNG Digital include Ant Group, insurer AIA Group and United States-based venture fund BowWave Capital.

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Touch ‘n Go group chief executive officer (CEO) Effendy Shahul Hamid said the collaboration with Lazada will bring next-level value propositions to users and merchant bases across the Lazada and Touch ‘n Go ecosystem.

“I look forward to seeing the teams roll out these exciting collaboration opportunities to our users.

“The funding round also sets us up nicely for our next phase of growth.

“We will continue to expand in all areas of digital financial services and ensure that our user base is served in an innovative and inclusive manner,” he said in a statement yesterday.

Lazada

Meanwhile, Lazada Malaysia CEO Alan Chan said that digital payment services were “a critical bolt-on” to bring the best customer experience on Lazada.

“Lazada is fully committed to providing a seamless customer journey, as well as being a catalyst to stimulate capacity building among our sellers, primarily local micro, small and medium enterprises.

“Our long-standing partnership with Touch ‘n Go eWallet has served our customers well, allowing buyers to check out easily and quickly,” he added.


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网友评论

  • 2022-08-02 00:18:18

    不错,在地铁上看

    • 2022-09-02 16:42:57

      @菰液纞仌 Halim was also reported as saying the proposal was made as SMEs, which make up more than 76% of all registered companies in Malaysia and contribute over 34% of GDP, are facing difficulty in obtaining halal certification due to the requirement of local authority licences.有豁然开朗的感觉

  • 2022-08-04 00:23:43

    “I request the court to consider we have filed an appeal within the time frame, so we still have jurisdiction over the seized items until the case is decided by the Court of Appeal,” he said.哈哈,我是死忠粉

  • 2022-09-02 00:20:53

    “If not, let Parliament complete (its five-year term), which also means (in the current situation) the government has the opportunity to complete its work term until July 15, 2023,” he said.很好嘛

  • 2022-10-06 00:23:19

    Its head of competitiveness centre, Arturo Bris said there are many uncertainties that are beyond the control of the central government including inflationary pressures emanating from abroad, rising energy prices, the risk of recession not only in the United States but globally, and the repercussions of the Russia and Ukraine conflict, which has impacted not only Malaysia but also other countries.谁说不好跟谁急

  • 2022-11-07 00:46:07

    “We are continuously ensuring our liquidity, credit quality, and capital reserve levels remain sufficient to weather these uncertain times.可以提建议不