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Lazada's former CEO, Max Bittner asserted that GMV numbers can be easily inflated "by subsidy schemes and history shows that GMV falls away as unhealthy subsidies are removed." [26] In Malaysia, Shopee became the third most visited e-commerce portal in Q4 2017, overtaking Lelong, and replaced Lazada as the top app on iOS and Google Play app stores.
Trade discounts are given to try to increase the volume of sales being made by the supplier. The discount described as trade rate discount is sometimes called "trade discount". Trade discount is the discount allowed on retail price of a product or something. for e.g. Retail price of a cream is 25 and trade discount is 2% on 25.
Alaska ranks as the worst state in the U.S. to retire for the third year in a row, according to Bankrate’s study of the best states to retire in 2024. To compile its list of the best and worst ...
Google Search (also known simply as Google or Google.com) is a search engine operated by Google. It allows users to search for information on the Internet by entering keywords or phrases. Google Search uses algorithms to analyze and rank websites based on their relevance to the search query. It is the most popular search engine worldwide.
As of 8 June 2013, Singapore's unemployment rate is around 1.9% and the country's economy has a lowered growth rate, with a rate of 1.8% on a quarter-by-quarter basis—compared to 14.8% in 2010. 2015 and 2016 saw a downturn for the nation as GDP growth shrunk to just 2 percent.
Land reclamation has been used in Singapore since the early 19th century, extensively so in this last half-century in response to the city-state's rapid economic growth. [3] In 1960, Singapore was home to fewer than two million people; that number had more than doubled by 2008, to almost four and a half million people. [4]
Financials for fiscal year 1 April 2023 – 31 March 2024. [ 3] Singapore Airlines ( abbreviation: SIA or SQ) is the flag carrier of Singapore with its hub located at Changi Airport. A member of Star Alliance, the airline is notable for highlighting the Singapore Girl as its central figure in the corporate branding segment and not significantly ...
Education spending usually makes up about 20 per cent of the annual national budget, [7] which subsidises state education and government-assisted private education for Singaporean citizens and funds the Edusave programme. Non-citizens bear significantly higher costs of educating their children in Singapore government and government-aided schools.