southeast Asia Archives

Bilibili Starts to Explore Southeast Asian Market

Wang Zhikai, the former general manager of Bilibili's livestreaming center, has been transferred to the firm's "Star" department. The Star department has promoted the Chinese video sharing website to be launched successively in several Southeast Asian countries.

JD.com to Shut Down Europe Business and Cut Back in Southeast Asia, Rumors Say

News that Chinese e-commerce giant JD.com's international business operations will undergo major adjustments has recently spread within the company. Certain business units in Europe and Southeast Asia will be most affected by the changes.

BYD’s Three Battery Projects in Guangxi Surpass Production Capacity of 60GWh

Three battery projects belonging to Chinese electric vehicle firm BYD in the country's southern Guangxi Zhuang Autonomous Region have reportedly made new progress, intended to provide support for the EV maker's exploration of ASEAN markets.

“Lazada Forward Women Awards” Celebrates Female Entrepreneurship in Southeast Asia and China

Lazada awarded 21 female merchants in acknowledgement of their resilience and innovation in advancing e-commerce businesses on the platform.

Alibaba Sets $100 Billion GMV Target for Southeast Asian E-commerce Division to Expand Overseas

Chinese e-commerce giant Alibaba has set a target for gross merchandise volume (GMV) of $100 billion for its Southeast Asian marketplace Lazada.

Stay Patient, Stay Diverse: A Mobile Game’s Road to Industry Legend

As the name suggests, Mobile Legends: Bang Bang has indeed become a legend in the mobile game industry five years after its launch.

Short Video Platform Kuaishou Ramps Up Expansion in Brazil and Southeast Asia, Heating Up Competition with Rival TikTok

China’s second-largest short video app Kuaishou is investing extensively in Brazil and Southeast Asia to expand its overseas market, aiming to increase its share amid competition with TikTok.

Chinese Firms Shift Production to Southeast Asia as Country Moves Up Value Chain

Fueled by a rise in labor and production costs, an increasing number of China's suppliers have been shifting their production facilities to emerging export economies in Southeast Asia, according to Chinese state media.

Samsung to Shut Down its Sole TV Factory in China

Samsung Electronics Co., Ltd. will close its TV manufacturing plant in Tianjin, China, Yonhap News Agency reported Monday.

Southeast Asia’s Grab and Gojek Allegedly Talking Merger, Could Chinese Tech Giants Go That Path?

While Gojek has reportedly denied its involvement in such talks, a potential merger between the two does not sound like something completely out of the question.

The BAT Face-Off in Southeast Asia is Imminent

Southeast Asia, home to over 600 million people going through an economic and technological transformation akin to the one that China went through a decade ago, is a natural target for China’s tech titans.

Lazada Expands Its E-commerce Realm in Southeast Asia

Lazada, a Southeast Asian e-commerce platform owned by Alibaba Group, held a cross-border e-commerce conference on Mar. 7, and announced a series of cross-border business strategy upgrade initiatives.

Alibaba Buys Daraz after Lazada, Now Covering 11 South East Asia Countries

Daraz Group and its parent organization Rocket Internet SE have both announced today that the Chinese e-commerce giant Alibaba Group has acquired Daraz. Alibaba Group acquired the entire share capital from Rocket Internet for an undisclosed amount, making Daraz Group an wholly owned subsidiary under Jack Ma’s empire.

Can WeChat Payment and Alipay replicate their successes in Southeast Asia?

China has rapidly developed into the world’s long-standing leader in mobile payments. Foreigners visiting China are always surprised by the prevalence of convenient mobile payments. In recent years, Alibaba and Tencent has accelerated their overseas development, especially in Southeast Asia.

Alibaba adds $2 billion to Lazada investment

Alibaba Group announced today that it will invest another $2 billion in Lazada Group in an effort to accelerate its growth and deepen its integration with the Alibaba ecosystem. Lazada is the largest e-commerce platform in Southeast Asia.

Huawei Honor to focus on Southeast Asia in 2018

On March 12, Huawei off-shoot Honor released the 7C mobile phone priced at 899 yuan ($143), equipped with dual-cameras. Ming Zhao, president of the Huawei Honor Brand, announced Honor’s most recent achievements at a press conference.

Vietnamese E-Commerce Platform Tiki.vn Received $44M from JD.com

Vietnamese e-commerce platform Tiki.vn recently announced it received $44 million in financing from JD.com. Tiki.vn said it would use the new financing to train staff, optimize logistics distribution and market its distribution service TikiNow.

JD.com’s Joint Venture Opens Two-Way Trade Between China, Southeast Asia

JD Group and Central announced the launch of a new online retail platform to serve consumers in Thailand and Southeast Asia on November 2. The platform is branded JD Central and available online at JD.co.th. Richard Liu said Thailand’s resources and location will allow the platform to serve most of southeast Asia.

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