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RM18K Sponsored Lazada Shopping Spree Awaits Shoppers this 22nd February

 ShopBack, the leading online Cashback platform in Southeast Asia, announces You Shop, We Pay contest, which aims to reward its lucky users who make a purchase through ShopBack during its 3rd Birthday (22nd February 2018) in Malaysia.

“Every user who goes through ShopBack to shop with any of our over 500 partners on the 22nd of February will automatically enter the contest. We will select three lucky winners and thereafter invite them to come to our office in the following weeks, where RM10,000, RM5,000, and RM 3,000 budget will be given separately for them to shop at Lazada. Other than that, all of our users could enjoy triple treats – 100% Cashback on flash sale items, double or higher Cashback from popular merchants, and exclusive discount codes for ShopBack users only,” said Alvin Gill, Country General Manager of ShopBack Malaysia.

“Other than Lazada, Nike, 11street, Qoo10, Taobao,, Expedia, Photobook, Hermo, Cotton-On, Sephora, ZALORA etc are among the popular merchants that offer higher Cashback on that day.”

Since 2015, ShopBack Malaysia has served more than 850K Malaysians, of which its local users have gotten over RM25 million Cashback from their digital purchases, including Grab and Uber rides, in the past three years.

ShopBack Malaysia gave out more than RM1M Cashback during CNY campaign

According to its recent data, Malaysians have received more than RM1M in Cashback from the company during its CNY campaign period from 15 January to 16 February 2018. Several factors such as the petrol price hike and subsequent increase in food cost have urged Malaysians to optimise their spending in every possible way.

“We observed that consumers were rushing to do their CNY shopping from 29 to 31 January, right after they received their salary. Overall, there was a spike in the transactions of petrol gift card, baby milk formula and mobile reloads in January as many turned to ShopBack to optimise their CNY spending. There was also an increase in travel bookings on the 2nd and 3rd week of January i.e. from 8 to 21 January 2018 due to Malaysians' purchases for CNY trips/long holiday,” Alvin said.

“We reward users in cash form, of which can be transferred into a bank account once it gets validated. What’s better is users are able to stack this on top of their credit card’s Cashback. On the other hand, online merchants see us as a valuable partner in promoting their business to the right target audience and retaining existing customers. We might earn less by sharing our commission with users as Cashback, but this triple-win model will help us go a long way.”

Recently, ShopBack Malaysia also rolled out a ‘partial Cashback’ feature where a user can choose to withdraw any available Cashback amount (minimum RM10) from ShopBack to his/her bank account, or utilise it to settle phone bills (Maxis users only). The company is also looking to expand payout options via potential partnerships with popular brands and other loyalty programme providers.

“Moving forward, we want ShopBack to be more than just Cashback. If you look at our app, there’s an exclusive function that allows our users to quickly compare rides and make a decision on the go. That is the kind of smarter way of living that we envision, and we hope to achieve greater milestones with our users in the near future.”

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