Bukalapak Bags Profitability, Revenue Soars
Bukalapak achieved profitability, generating $922,500 in adjusted EBITDA. The company's revenue jumped…
GoTo Narrows Losses, Revenue Soars in Q1
GoTo Group narrowed its losses, reporting an adjusted EBITDA loss. Gross revenues…
Blinkit Surpasses Core Food Biz in Value, Goldman Rings the Bell
Blinkit's valuation soars to $13 billion, surpassing Zomato's core food business. Goldman…
TikTok Shop’s Luxury Resale Venture Crosses the Pond
TikTok Shop expands secondhand luxury category to UK after U.S. success. Platform…
Zepto Rejects Flipkart’s Acquisition Offer, Eyes $2.5B Valuation
Zepto rejected Flipkart's acquisition bid, seeking $2.5B valuation. Flipkart wanted controlling stake…
Amazon’s Job Cut Tremors Reach Singapore Shores
Amazon's job cuts hit Singapore executives. Layoffs impacted Amazon Ads, AWS regional…
Carousell’s Laku6 Trims Workforce by 17% in Strategic Realignment
Carousell's Laku6 trims workforce by 17% for "long-term success and sustainability". The…
TikTok Shop Soars in Vietnam, Surpassing Shopee as Top E-commerce Player
TikTok Shop has surged in Vietnam, surpassing Shopee as the top e-commerce…
Jack Ma Encourages Change in Morale-Boosting Memo to Alibaba Staff
Jack Ma addresses Alibaba staff, emphasizing changes to simplify structure and boost…
Amazon Quietly Launches Bazaar, a Budget-Friendly Fashion Store in India
Amazon discreetly launches Bazaar, a "special store" targeting India's affordable fashion market.…
