Alibaba Shakes Up Leadership, Splits Off Investment Assets
Alibaba shook up its leadership and operations. CEO Eddie Wu now heads…
Indonesian Commerce Startup Sues Ex-Employee for Competing
Evermos sues ex-manager for violating non-compete, starting rival Orderfaz after departure. Alleges…
Indian B2B Unicorn Udaan Hires 100+ Employees after Funding Round
Udaan fires 100+ after raising $340M despite attaining the fastest Indian unicorn…
Farfetch Sold to Korean e-Commerce Giant Coupang after Rescue Talks Fail
Farfetch sold to Korean e-commerce giant Coupang. $500M deal narrowly prevents luxury…
Luxury Resale Pioneer Builds Out TikTok Live Shopping Studio
Luxury resale veteran WGACA built a TikTok Live shopping studio to engage…
TikTok-GoTo Partnership Eases Pressure on Indonesian Tech Giant But Squeezes Rival Sea
TikTok and GoTo's Tokopedia partnership squeezes rival Sea's Shopee amid losses. The…
Indian B2B Unicorn Udaan Raises $340M To Push Towards Profitability
Udaan raised $340M in Series E funding. The Indian B2B startup aims…
PDD Overtakes Alibaba as Top Chinese E-Commerce Firm
PDD overtook Alibaba as China's top e-commerce firm, reaching a higher market…
TikTok Takes Controlling Stake in Tokopedia, Investing $1.5B in Indonesian E-commerce Platform
• TikTok takes controlling stake in Indonesia’s top…
Alibaba Injects $634M More into Lazada Amid Heating Up E-commerce Competition
• Alibaba pumps $634M more into Lazada amid heated competition. • Total…
