Alibaba Looks to Shed Assets as ‘New Retail’ Strategy Falters
Alibaba's "new retail" vision, blending online and offline experiences, is faltering after…
Jack Ma’s Wife Acquires Prime Shophouses in Singapore
Jack Ma's wife Zhang Ying reportedly bought 3 shophouses in Singapore's Duxton…
Shopee Under Indonesian Scrutiny for Alleged Antitrust Violations
E-commerce giant Shopee faces an Indonesian antitrust probe. If guilty, Shopee could…
Indonesia Still Finds Fault with TikTok Shop
Indonesia still finds fault with TikTok Shop, saying it violates regulations. Officials…
Jumia Slashes Losses By Over 90% in Q4 Amid Return to Growth
Jumia flipped the script! After slashing annual losses by 68%. Lean operations…
Carousell Cofounder Steps Down After Nearly 12 Years
Carousell cofounder Lucas Ngoo steps down after 12 years to learn new…
Indian B2B Startup Metalbook Raises $15M to Digitize Global Metal Supply Chains
Indian B2B startup Metalbook raised $15M in Series A funding. The round…
Alibaba Loses Dominance as Rival Platforms Gain in Key China Market
Alibaba is losing dominance in small-town China. New CEO Eddie Wu must…
Qoo10 Expands e-Commerce Footprint with $173 Million Wish Acquisition
Singapore's Qoo10 acquired struggling US e-commerce firm Wish for $173 million. The…
Blibli Shares Outperform Indonesian Ecommerce Rivals
While Indonesian e-commerce giants struggled in 2023, smaller rival Blibli’s shares defied…
