Lazada

Steady performance in commerce and strong growth in AI-driven cloud services lifted Alibaba’s profit, though an EPS shortfall tempered investor sentiment.

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

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.

Bringing you the latest updates on funding deals and activities in the Asia Pacific.

Several contenders exist, but the verdict on the future leader of Southeast Asia’s e-commerce market remains pending.

To categorize the recent layoffs merely as a cost-cutting measure might risk oversimplifying the more nuanced strategy that Alibaba is implementing at Lazada.

Lazada’s decision to retrench employees may be unpalatable, but Shopee’s recent trajectory suggests that it could be a strategic move for the company.

Both well-known and emerging brands in China and beyond are looking to Southeast Asia as the next big market. How can they better adapt to the burgeoning demand?