Billionaire Henry Sy, Lazada Team Up on Philippine Online Retail

  • Lazada, biggest Philippine online retailer, to boost SM Store
  • Lazada online store is Philippines' 6th most popular Web site

Billionaire Henry Sy, owner of the largest Philippine builder and retailer, has partnered with an online retailer backed by Germany’s Rocket Internet SE to target the rising number of consumers in the Southeast Asian nation who shop using the Internet.

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