Coffee and Commerce

Lazada’s first profit milestone hints at Alibaba’s USD 7.7 billion investment bearing fruit, but intense competition leaves a long road ahead.

Luckin Coffee is breaking into tea territory, and its latest release is drawing comparison to Chagee’s popular milk tea—here’s how they stack up.

After entering its third Southeast Asian market, Temu is slowing its regional advance.

Low-price tactics could be leading to Douyin E-commerce’s faltering GMV growth.

The Chinese tea chain has reportedly recruited Li Tao, vice president of Starbucks China, to support its aggressive expansion strategy.

With GMV skyrocketing to USD 16.3 billion in 2023, TikTok Shop is shaking up Southeast Asia’s e-commerce market, giving Shopee and Lazada a run for their money.

Influencers will bear the brunt of the change, aimed at refining Douyin’s e-commerce focus.

With a stronghold in e-commerce, TikTok has launched a pilot for local services in Southeast Asia, beginning with Indonesia and Thailand.