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Lazada CEO James Dong appointed acting CEO of Daraz in Alibaba's latest reshuffle
Dong replaces Bjarke Mikkelsen, CEO of Daraz since 2015, for “deeper integration” of Alibaba’s sister companies.
January 25, 2024
China Focus
Jack Ma buys Alibaba stock to show support for struggling empire
Ma's longtime confidante Joseph Cai also separately bought about US$150 million of shares in his first such purchase since 2017
January 24, 2024
Digital Economy
What's gone wrong with e-commerce? A look at Alibaba's Lazada, TikTok Shop and PDD's Temu
Dethroned by PDD Holdings, Alibaba contends with greater structural problems. New e-commerce competitors force them to adapt.
January 18, 2024
Digital Economy
Lessons from Lazada for Singapore's employers and employees
Without statutory retrenchment pay in Singapore, affected employees bemoan the slim severance package offered by Lazada.
January 10, 2024
Digital Economy
Lazada lets go of C-suites; ex-staff in five of Lazada's six markets sharing CVs online (update)
Some 47 employees with roles ranging from associate to senior vice president have shared their CVs online.
January 05, 2024
Digital Economy
Alibaba's regional online shopping unit Lazada marks new year with layoffs in Singapore (update)
Lazada and its parent company Alibaba have seen a slew of leadership changes since mid-2022
January 03, 2024
Company in the news
Temu files new lawsuit against Shein after ‘intensified’ clash
Temu said its entry into the US market in late 2022 led to a decline of more than US$30 billion in Shein's valuation
December 14, 2023
Digital Economy
How Temu turned PDD into China’s Internet king
For Gen Z users, Temu and parent PDD are not Alibaba or JD.com, their parent’s e-commerce sites
December 13, 2023
Digital Economy
Temu parent PDD surpassed Alibaba's market cap. Will the success last?
'I keep blaming them for having me sign up and then get addicted to this cheap dopamine'
December 11, 2023