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Lazada
Digital Economy
TikTok Shop nearly quadruples annual gross merchandise value in 2023, new report finds
This makes it the second largest ecommerce platform in Southeast Asia, while Shopee stays ahead with US$55.1 bil GMV.
July 16, 2024
Singapore news
DBS remains as Singapore’s most valuable brand, while MBS becomes strongest brand in 2024
This year, DBS's brand value rose by 5% y-o-y to US$11 billion ($14.88 billion), making it Singapore's most valuable brand.
May 07, 2024
Budget 2024
Singapore to announce 'temporary financial support scheme' for retrenched workers later this year: Budget 2024
The government is still working on the specifics of the scheme and will provide more details later this year.
February 16, 2024
Company in the news
'Enhanced support package' for retrenched Lazada Singapore staff in union
Non-unionised parties will not receive additional benefits.
February 04, 2024
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
January 24, 2024
Digital Economy
The good old e-commerce days are gone
From hourly updates during mega-sales days in the past, Lazada is now stonewalling journalists asking for details of layoffs.
January 19, 2024
Digital Economy
Layoffs at US tech firms hit Singapore
Companies cited the typical concerns about profitability, but analysts think firms are pre-emptively cutting costs.
January 18, 2024
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.
January 10, 2024
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.
January 05, 2024
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
January 03, 2024