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Alibaba injects an additional $634 million into Lazada, its Southeast Asia arm, amid escalating regional competition, reports Tech in Asia. This latest investment brings Alibaba’s total injection into ...

Alibaba Group Holding (NYSE:BABA) has announced that its Southeast Asian e-commerce platform, Lazada, achieved a significant milestone by posting a monthly profit for the first time in July 2024.

Alibaba Group Holding (NYSE:BABA) is doubling its artificial intelligence (AI) investments to regain its mojo in Southeast Asia’s e-commerce space. Over the past two years, the Chinese e-commerce ...