Shopee Boosts Livestreaming as Sea Group Aims for Profitability in 2024
Shopee drives Sea Group's profitability in 2024, with high teens growth expected.…
Bukalapak Shuts Down BukaCicilan Amidst BNPL Sector Turbulence
Bukalapak shutters BNPL service BukaCicilan amid sector turbulence. Users directed to third-party…
Sea Group Reports First Annual Profit, Shopee Gains Momentum
Sea Group reports first annual profit of $163 million in 2023. E-commerce…
Alibaba Researcher’s Schedule Offers Rare Look Into China’s LLM Race
Alibaba researcher shares demanding work routine mirroring OpenAI counterparts. Reflects intense competition…
GudangAda Denies Reports of Potential Shutdown
Indonesian B2B startup GudangAda denied reports it may shut down soon. The…
Daraz Lays Off Hundreds in Cost-Cutting Move
Daraz laid off up to 800 employees to cut costs. The job…
Tokopedia Market Share Decline Spurred TikTok Acquisition, Says GoTo Chief
Tokopedia's declining market share, especially among price-sensitive consumers. Tokopedia requires substantial investment…
Indonesian e-Commerce Enabler Komerce Raises Seed Funding from Bukalapak Founder
Indonesian e-commerce enabler Komerce raises seed funding from Bukalapak founder and 500…
Flipkart Eyes Dunzo’s B2B Assets in Acquisition Talks, But Deal Faces Hurdles
Flipkart eyes Dunzo's B2B assets in acquisition talks. Dunzo struggles with market…
Alibaba Looks to Shed Assets as ‘New Retail’ Strategy Falters
Alibaba's "new retail" vision, blending online and offline experiences, is faltering after…
