Which of the following geographic expansion strategies did Shopify implement in 2022-2023 that significantly boosted its merchant presence in Southeast Asia?

In today's interconnected world, e-commerce platforms strategically expand into new geographic markets to drive growth. Companies must consider local purchasing behaviors, logistical infrastructure, and regional preferences when developing their global expansion strategies. This trivia question tests your knowledge of how major e-commerce players have approached geographic expansion and the impact of regional factors on their success.

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Introduced localized payment methods including GrabPay and local bank transfers, resulting in a 43% increase in merchant adoption
Established physical fulfillment centers in Thailand and Vietnam to reduce shipping times to under 24 hours
Created a Southeast Asian merchant marketplace that exclusively features products sourced from the region
Acquired the regional e-commerce platform Lazada to rapidly expand their merchant base