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...
14 Nov, 2023, 10.33 PM IST
Alibaba’s global online commerce arm weighs a US IPOGlobal online shopping unit includes Lazada, AliExpress, and has been valued by analysts at $39 billion.
04 May, 2023, 04.02 PM IST
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.
28 Apr, 2022, 01.14 PM IST
Alibaba plans for new normal of low growth as crackdown bitesChief Executive Officer Daniel Zhang sketched out on Thursday how China’s e-commerce leader will now prioritize user retention over acquisi...
28 Feb, 2022, 06.35 PM IST
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...
17 Dec, 2021, 10.54 PM IST
China's Alibaba sets $100 billion target for Southeast Asian e-commerce divisionChinese e-commerce giant Alibaba has set a target for gross merchandise volume of $100 billion in gross merchandise volume (GMV), the total...
17 Dec, 2021, 12.43 PM IST
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...
26 Jun, 2020, 11.56 AM IST
Southeast Asia’s net economy to top $100 billion this yearThe value of the region’s online transactions in areas from internet retail to car-hailing should reach $300 billion by 2025: Report
08 Oct, 2019, 08.32 AM IST
E-commerce platform Zilingo raises Rs 113 crore from Sequoia, othersThe startup was founded by Indian entrepreneurs Ankiti Bose and Dhruv Kapoor in 2014 and the tech team is headquartered in Bengaluru.
12 Sep, 2017, 08.37 AM IST
Alibaba to invest $1 billion in LazadaAlibaba took control of Lazada last year from Rocket in a $1 billion deal -its largest overseas move to date.
29 Jun, 2017, 09.17 AM IST
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...
08 Jun, 2017, 03.54 PM IST
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...
23 Jan, 2017, 03.06 PM IST
We are trying for the anti-dumping support from the Government of India: D Ram Reddy, Jt MD, Balaji AminesIn an interview with ET Now, D Ram Reddy, Jt MD, Balaji Amines, comments on the company's performance.
02 Nov, 2016, 12.50 PM IST
Thailand-based e-commerce startup Zilingo bags $8-million in Series-A fundingApart from Sequoia, Venturra and SIG, others such as Beenext, Wavemaker Partners, Beenos and Digital Garage also participated in Zilingo’s ...
07 Sep, 2016, 09.03 AM IST
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.
16 Jul, 2015, 05.07 PM IST
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.
11 May, 2015, 03.42 PM IST
Motorola to replicate India online success in South East AsiaLast month the company started selling its Moto G phones in Indonesia only through online portal Lazada, backed by German investor Rocket I...
11 Jul, 2014, 08.57 PM IST