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LAZADA NEW CEO
Sea posts surprise loss on hefty ecommerce investments, shares fallRising competition from Alibaba Group's Lazada and ByteDance's TikTok, along with new entrants like PDD's Temu, have forced Sea to revamp i...- TikTok to invest billions of dollars in Southeast Asia: CEO Shou Zi ChewSoutheast Asia is one of TikTok's biggest markets in terms of user numbers. But the platform has yet to translate the large user base into ...
- B2B platform Bizongo appoints Prasanth Nair as head of engineeringThis is the firm's third senior-level appointment in six months. Earlier in November, it had appointed Tushar Kamat as chief business offic...
- Assiduus Global raises over $15 million in Series A to deepen global footprintThe year-on-year profit demonstrates that Assiduus does not just promise brands safety and scalability; they show it to them in pure growth...
- Tech workers left hanging as Sea e-commerce arm Shopee rescinds job offersFour people interviewed by Reuters who have participated in a WeChat group of some 60 people that was set up to discuss Shopee's withdrawal...
- How to torch your unicornAnkiti Bose is right to fear for her reputation. The confident, charismatic businesswoman ran a burgeoning empire that spanned from Indones...
- Alibaba looks to expand its Southeast Asian arm Lazada to EuropeThe move comes months after Alibaba's logistics arm, Cainiao, opened a central hub for European sales in Belgium.
- ETtech Deals Digest: Addverb Technologies, Pixis, Lummo raise fundsRobotics company Addverb Technologies, California-based technology company Pixis and SaaS company Lummo were among the startups that raised...
- Grover and out (for now)Ashneer Grover has been in the midst of a controversy after an audio clip of his purported phone conversation with a Kotak Mahindra Bank em...
- Alibaba pledges overseas e-commerce focus as its China growth slowsEarlier this month, Alibaba Group Holding Ltd restructured its e-commerce business into separate China and international divisions, with th...
- Shopmatic launches new range of e-commerce solutions to help entrepreneurs, SMEs to sell onlineThe Single Checkout Link also enables transaction virality, in that buyers can share the same links with their friends or followers, helpin...
- Alibaba's Lazada appoints Chun Li as new CEOLazada Group Chief Executive Officer and co-founder Pierre Poignant will be replaced by Chun Li, a former Alibaba executive, who is current...
- How brick-and-mortar stores are joining hands with ecommerce biggies to target India’s 1.3-billion customersConvergence is key as a lot of customers still want to touch and feel the product. Buyers are no more thinking of channels, but are doing s...
- Alibaba guides for 45-49% growth in FY18, Investors thump in cheerThe e-commerce and data giant, which is seeking to expand new business lines in artificial intelligence, has seen its stock rise over 40 pe...
- Be U Salons raises Rs 4 cr seed fundingThe funds will be directed towards strengthening the back-end operations and tech infrastructure, building core talent and marketing of the...
- New e-commerce platform launched for cross-border sales"Sellers are looking for a simple platform to sell their products regionally in Southeast Asia and India on cross-border model. SelluSeller...
- Startups rope in senior non-technology executives for functional rolesStartups are willing to pay top dollars to rope in senior non-technology executives who can complement the big ticket technology hires.
- Ola to start shuttle bus services by aggregating tourist and chartered buses on its platform"They started with taxis and moved to autos. It wants to establish itself as a transport tech platform rather than be dependent on one mode...
- Ola ropes in Lazada's Sundeep Sahni to head new initiativesLazada is South East Asia's one of the biggest e-commerce companies, backed by players like Rocket Internet and Temasek Holdings.
- FoodPanda appoints Himanshu Ratnoo as first delivery head, aims to strengthen its delivery in IndiaRatnoo, an IIM Calcutta alumnus, started his career with the Aditya Birla Group in 2011.
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