October 16, 2018 – LoyalCoin announced an additional merchant partner and a feature partnership with online shopping store, Lazada.
The LoyalCoin team is continuously expanding its reach and added a brand new merchant where loyalcoin holders can earn and redeem LYL.
The company announced White Palace Carwash Café as the newest addition in its merchant roster. The carwash-and-café in one is located in Parañaque City. No further information was revealed but expect the merchant to also be included in the team’s LoyalCoin app.
On October 5, 2018 LoyalCoin update, the team also shared two new merchants: Japs Nail Lounge and Mont Albo Massage Hut. In addition, it also announced a tie-up with San Beda Junior Marketing Association (JMA). The San Beda’s JMA is the second junior marketing association it signed together with University of the Philippines Manila Junior Marketing Association (UPMJMA).
One of the biggest announcement the team revealed last week was its partnership with Southeast Asia’s e-commerce company, Lazada. No additional information was released but holders can also expect to either use their LYL for discounts or earn LYL every time they buy through the e-commerce site.
In July 2018 the Loyalty and Rewards blockchain company also revealed its partnership with the ride-hailing, ride sharing, and logistics company Grab. By September 2018, the two officially inked the deal and finally shared that LoyalCoin users can use LYL to get discount vouchers in using the Grab app.
Lazada is an e-commerce company (online shopping) founded in 2012 and based in Singapore. It is currently available in Indonesia, Malaysia, Philippines, Singapore, Thailand, and Vietnam. According to Wikipedia, the company was named as the largest e-commerce operator in Malaysia, Vietnam, Thailand, and the Philippines.
LoyalCoin is a loyalty and rewards blockchain company running on the NEM platform. It aims to disrupt the current loyalty and rewards program in the market by unifying different merchants to use the LoyalCoin ecosystem.