We just received information that Rocket Internet is planning to launch another e-commerce site aiming at South East Asian market. This time is an online price comparison site called PricePanda.
We learned that the website is ready to be launched once they have enough local e-commerce partners to go on even though they already have their own e-commerce companies Zalora and Lazada; which is hardly enough. Right now, Rocket Internet is approaching retailers and local e-commerce companies in the region and ask them to join as partner with the price comparison site hoping to get more inventory for their comparison engine.
Just like most price comparison site out there, PricePanda would enable visitors to view item prices from all e-commerce companies on their site, and direct visitors to their partners’ website to follow up with order and payment. All their e-commerce partners have to do is to share their price lists to PricePanda and they would take care of the rest.
Based on a quick DNS Whois search, looks like Rocket Internet already reserved domain names for Singapore, Malaysia, Philippines and Vietnam so it’s most likely launch simultaneously across the region, as usual. No additional information can be found regarding PricePanda, but I can guarantee this won’t be the last time we’ve heard about PricePanda.
