Momentum Works

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.
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.
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