Alibaba Group Holding

IPO

Alibaba scraps logistics arm’s IPO after market turmoil worsens

It’s the second time Alibaba has nixed a high-profile debut for one of its main businesses.
SoftBank Group confirms stake cut in Alibaba - THE EDGE SINGAPORE

China Focus

SoftBank Group confirms stake cut in Alibaba

Jack Ma and Joseph Tsai have emerged as the two largest shareholders of the e-commerce giant they founded in 1999.
Lazada CEO James Dong appointed acting CEO of Daraz in Alibaba's latest reshuffle - THE EDGE SINGAPORE

Company in the news

Lazada CEO James Dong appointed acting CEO of Daraz in Alibaba's latest reshuffle

Dong replaces Bjarke Mikkelsen, CEO of Daraz since 2015, for “deeper integration” of Alibaba’s sister companies.
Jack Ma buys Alibaba stock to show support for struggling empire - THE EDGE SINGAPORE

China Focus

Jack Ma buys Alibaba stock to show support for struggling empire

Ma's longtime confidante Joseph Cai also separately bought about US$150 million of shares in his first such purchase since 2017
What's gone wrong with e-commerce? A look at Alibaba's Lazada, TikTok Shop and PDD's Temu - THE EDGE SINGAPORE

Digital Economy

What's gone wrong with e-commerce? A look at Alibaba's Lazada, TikTok Shop and PDD's Temu

Dethroned by PDD Holdings, Alibaba contends with greater structural problems. New e-commerce competitors force them to adapt.
Lessons from Lazada for Singapore's employers and employees - THE EDGE SINGAPORE

Digital Economy

Lessons from Lazada for Singapore's employers and employees

Without statutory retrenchment pay in Singapore, affected employees bemoan the slim severance package offered by Lazada.
Lazada lets go of C-suites; ex-staff in five of Lazada's six markets sharing CVs online (update) - THE EDGE SINGAPORE

Digital Economy

Lazada lets go of C-suites; ex-staff in five of Lazada's six markets sharing CVs online (update)

Some 47 employees with roles ranging from associate to senior vice president have shared their CVs online.
Alibaba's regional online shopping unit Lazada marks new year with layoffs in Singapore (update) - THE EDGE SINGAPORE

Digital Economy

Alibaba's regional online shopping unit Lazada marks new year with layoffs in Singapore (update)

Lazada and its parent company Alibaba have seen a slew of leadership changes since mid-2022

Company in the news

Temu files new lawsuit against Shein after ‘intensified’ clash

Temu said its entry into the US market in late 2022 led to a decline of more than US$30 billion in Shein's valuation
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