Posts Tagged ‘RedMart’

Redmart Grocery Shopping Moves To Lazada from 15 March 2019

Thursday, January 31st, 2019

Lazada expands its supermarket portfolio by moving Redmart grocery shopping in Singapore into the Lazada app, effective from 15 March, 2019.

 

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James Chang, CEO of Lazada Singapore, answering media questions alongside Jing Yin, Co-President of Commercial for Lazada Group; and Roger Egan, Redmart co-founder/CEO who has been appointed Lazada Group Head of Supermarket.

Lazada acquired Redmart more than 2 yrs ago in 2016.

From 15 March, 2019, Singapore consumers will only be able to buy Redmart groceries from the Lazada app.

The Transition

RedMart customers will still be able to shop on the existing RedMart app and website until 14 March 2019, 11.59pm.

Thereafter, customers are encouraged to download the Lazada app to continue enjoying high-quality fresh and frozen food items and other daily necessities delivered to their doorstep, hassle-free.

James Chang, CEO of Lazada Singapore, at lo hei for Chinese New Year during the announcement of the Redmart migration to Lazada. (From Left): Angela Tiong (Edelman PR), Claudia Chong (Business Times), Rachel Chia (Business Insider), John Tan (tech4tea), James Chang (Lazada), Joel Chan (Lazada), Zoey Chong (CNET), Lee Zhengyi (Mediacorp Channel 8). Photo credit: James Chang.

James Chang, CEO of Lazada Singapore, at lo hei for Chinese New Year during the announcement of the Redmart migration to Lazada. (From Left): Angela Tiong (Edelman PR), Claudia Chong (Business Times), Rachel Chia (Business Insider), John Tan (tech4tea), James Chang (Lazada), Joel Chan (Lazada), Zoey Chong (CNET), Lee Zhengyi (Mediacorp Channel 8). Photo credit: James Chang.

Orders on the new RedMart on Lazada will continue to be fulfilled by RedMart in customers’ chosen two-hour delivery slot between 7 AM and 10 PM, seven days a week including public holidays, while orders with other Lazada sellers will be fulfilled separately.

The ecommerce company plans to grow its supermarket segment beyond Singapore to another of its 6 ASEAN locations around end 2019.

Details below from the press release.

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RedMart chooses Oracle Enterprise Resource Planning Cloud

Wednesday, March 23rd, 2016

Oracle ERP Cloud streamlines RedMart’s business processes, reduces IT costs, and improves business agility.

“Large, mid-sized, and start-up companies are turning to Oracle for cloud-based solutions to better manage their resources to improve the efficiency of their operations. We are happy that Redmart has chosen Oracle ERP Cloud. It clearly outlines Redmart’s vision to modernize their finance and procurement processes to propel the company to the next level of growth,” said Neeraj Shaabi, Regional Managing Director for ASEAN and Sage, Oracle.

“Large, mid-sized, and start-up companies are turning to Oracle for cloud-based solutions to better manage their resources to improve the efficiency of their operations. We are happy that Redmart has chosen Oracle ERP Cloud. It clearly outlines Redmart’s vision to modernize their finance and procurement processes to propel the company to the next level of growth,” said Neeraj Shaabi, Regional Managing Director for ASEAN and Sage, Oracle.

RedMart, one of Singapore’s largest online supermarkets, has chosen Oracle Enterprise Resource Planning (ERP) Cloud to fuel the company’s growth.

“We are glad to have achieved the success we have today, but we are still growing and constantly exploring how to further improve our internal operations. Being a startup, business priorities tend to change quickly to respond to the competitive needs of the market. Our systems need to be flexible to match up with our priorities. Technology is at the heart of our business, and we need to constantly strengthen it in order to grow, and we’re glad that Oracle is along that journey with us,” said Jim Boland, Head of Finance, RedMart.

Oracle Enterprise Resource Planning Cloud will serve as a key business platform for RedMart’s growth.

RedMart is a successful start-up in Singapore that serves as an e-commerce platform which allows customers to buy groceries and household products, including fresh and frozen food, personal care, health and wellness, baby, and beverage, and pet products online.

Since its launch in 2011, RedMart has grown 10-20% month-over-month and more than doubled each year.

Previously, the legacy ERP system could not scale to the high transaction volume in line with the company’s growth, did not have the capability to produce useful reports, and was not flexible enough for the company’s fast changing business priorities.

RedMart needed to improve system performance and flexibility to enable further expansion of the business.

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