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Daraz

Alibaba’s Lazada posts first monthly profit amid intense competition in Southeast Asia

by Walter Watson
Alibaba’s Lazada posts first monthly profit amid intense competition in Southeast Asia

Lazada, the Southeast Asian online shopping platform of Alibaba Group Holding, has achieved a monthly profit for the first time, according to an internal announcement. In an announcement during the …

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Alibaba denies talks to sell Lazada’s Thailand unit as it eyes continued global expansion

by Anas Siddiqui
Alibaba denies talks to sell Lazada’s Thailand unit as it eyes continued global expansion

Southeast Asian online shopping giant Lazada Group has refuted a report that parent company Alibaba Group Holding is planning to sell its Thailand unit, as China’s largest e-commerce conglomerate eyes …

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Alibaba taps David Beckham as global brand ambassador for international e-commerce platform ahead of Euro 2024

by Anas Siddiqui
Alibaba taps David Beckham as global brand ambassador for international e-commerce platform ahead of Euro 2024

Alibaba Group Holding’s global shopping platform AliExpress has signed up English football star David Beckham as its global brand ambassador, as the Chinese e-commerce giant strengthened efforts to boost its …

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Alibaba’s AliExpress pushes ‘10 billion yuan of subsidies’ campaign to entice more Chinese brands and merchants to sell in overseas markets

by Anas Siddiqui
Alibaba’s AliExpress pushes ‘10 billion yuan of subsidies’ campaign to entice more Chinese brands and merchants to sell in overseas markets

The campaign called “10 billion yuan of subsidies” – a typical mainland marketing phrase used to tout large online allotments – will be given to an initial batch of 1,000 …

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Alibaba’s South Asian platform Daraz names new CEO in latest executive reshuffling at the Chinese e-commerce giant

by Walter Watson
Alibaba’s South Asian platform Daraz names new CEO in latest executive reshuffling at the Chinese e-commerce giant

Daraz Group, a South Asian online shopping platform owned by Alibaba Group Holding, has named a new chief executive, amid continued leadership reshuffling at the Chinese e-commerce giant. James Dong, …

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