LBC Cites Need for Partnership with Tech-Savvy Industries at 2019 Asia Ecomm Summit

Ciara Alarcon
LBC Business Solutions took its spotlight at the 2019 Asia Ecomm Summit, where it addressed the trends, innovations, and challenges affecting the e-commerce industry.

LBC Cites Need for Partnership with Tech-Savvy Industries at 2019 Asia Ecomm Summit
LBC Cites Need for Partnership with Tech-Savvy Industries at 2019 Asia Ecomm Summit

The event was organized by Asia CEO Events, and had a theme of “Fortune Favors the Bold and Tech Savvy.” The summit aimed to bring together both big and small companies who are looking to expand their e-commerce platforms and services while cutting costs through e-commerce.

For LBC, the continues growth of e-commerce has an impact on how they do their business.

“Five to six years ago, Lazada talked to us and they said we’re going to do e-commerce in the Philippines. We closed the deal and we started with five transactions a day. The volume today is something that no single company can handle. It has grown exponentially. We have to be in that e-commerce space- otherwise, we will be left behind- and vice-versa, if the e-comm companies are not in our space as well.  We have the domestic footprint that we can go as far as down south and tip of the north of the Philippines, it is a complementary relationship with us and the e-comm platforms,” LBC Vice President for Corporate Sales, Jerome Santos, addressed.

Santos also explained that LBC offers the infrastructure that they have. LBC’s domestic footprint is second to none. He also revealed that they study their clients’ and customers’ needs and offer total logistic solutions. Hence, these separate them from their rivals.

See Also: LBC Connect Now Available on App Store, Google Play

The summit featured a number of industry leaders, including Manoj Menon, Founder and CEO of Twimbit; David Almirol Jr., Chief Executive Officer and Founder Multisys Technologies; Zdenek Jankovsky, Treasurer and Chief Business Development Officer, Home Credit Philippines; Cesar Purisima, Asia Fellow, Milken Institute; Rosemarie Ong, Senior Executive Vice President and Chief Operations Officer, Wilcon Depot; Dann de Guzman; Chief Executive Officer, CloudSwyft; Samuel Jeanblanc, Market Lead, Google Philippines; Ed Pasion, Vice President for Retail, Unioil Petroleum Philippines; Hans Sicat  Chief Executive Officer, ING Bank; Judah Hirsch, Founder and CEO, Salarium; Martin Yu, Country Head, Shopee; Roche Vandenberghe, Head of Marketing, FWD Life Insurance; Miguel Warren, Regional Head, Southeast Asia Payoneer.

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