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One bright spot in Alibaba’s quarterly earnings was its international e-commerce arm which posted revenue of 28.5 billion Chinese yuan, up 44% from a year...
To categorize the recent layoffs merely as a cost-cutting measure might risk oversimplifying the more nuanced strategy that Alibaba is implementing at Lazada.
Lazada's decision to retrench employees may be unpalatable, but Shopee's recent trajectory suggests that it could be a strategic move for the company.
Lazada's mass layoffs reports come at a time when it received a capital infusion from parent Alibaba last month.
FREMONT, CA, June 21, 2022 -- via NewMediaWire – ABVC Biopharma, Inc. , a clinical stage biopharmaceutical company developing therapeutic solutions in oncology/hematology, CNS, and... | June 21, 2022