By Bloomberg Published November 28, 2024 Turkish e-commerce company Trendyol is considering raising about $1 billion to help its growth, people familiar with the situation said. Trendyol is informally sounding out interest …
By Bloomberg Published November 21, 2024 Alibaba Group Holding Ltd. has appointed a veteran executive the overseer of its entire online e-commerce operation, setting in motion a major overhaul of a …
By Bloomberg Published October 10, 2024 Alibaba Group Holding Ltd.’s Lazada is courting top European fashion and design brands to help fend off Asian rivals and eventually reach its goal …
Translated by Nicola Mira Published Dec 18, 2023 Chinese e-commerce giant Alibaba continues to pour money into Lazada. The group has reportedly invested an additional $634 million (€581 million) in …
China’s TikTok has agreed to spend $840 million to buy most of Indonesian tech conglomerate GoTo’s e-commerce unit – a move that appears to allow it to restart its online …
By Reuters Published Nov 20, 2023 Alibaba Group has scrapped plans to spin-off its cloud business, citing uncertainties created by U.S. export curbs on chips used in artificial intelligence applications. Reuters The …