[10.07] Morning Round-Up: Rocket Internet’s Kaymu Shuts In 3 Countries

Check out these ecommerce headlines before you start the work day.

1. Kaymu, Rocket Internet’s online marketplace, is shutting down in the Philippines, Myanmar, and Cambodia. 

Daraz operates as a “managed marketplace” similar to Lazada where sellers are curated and authentic products guaranteed. Read the rest of the story here.

 

2. Thailand’s Washbox 24 will attempt to fill the void left by recently ceased startup My Laundry

WashBox24 tackles the logistical pain point by implementing a hybrid locker and delivery system. Read the rest of the story here.

 

3. FMCG, fashion spur Lazada Indonesia growth

eCommerce group Lazada Indonesia says its current volume growth has accelerated to more than 150 per cent than at the same time last year. Key contributing categories are FMCG and fashion, which are both growing more than three times as much as last year. Also, about 80 per cent of the orders are via mobile devices. Read the rest of the story here