Lelong positions itself as e-commerce enabler

By Sherilyn Goh

Richard Tan quit his profession as a chartered accountant to set up Interbase Resources, which owns one of Malaysia’s most popular e-commerce sites Lelong.com.my. He talks to KINIBIZ about the business surviving the dotcom bust of the early 2000s, how Lelong never made money for the business in the early days towards generating RM25 million in revenue today, his vision for Internet commerce, and if brick-and-mortar businesses are here to stay.

Lelong bids its way to the top

Posted on September 9, 2015 by Sherilyn Goh

Lelong began as a pioneer of online auctions in Malaysia in 1999. The company has since grown to become Malaysia’s most popular one-stop marketplace under the leadership of Richard Tan, an ...

The long, bumpy road to profit

Posted on September 10, 2015 by Sherilyn Goh

While often touted as one of Malaysia’s Internet pioneers, little has been written about the difficult early days of Lelong, which saw the business posting seven consecutive years of losses at ...