Southeast Asian market Archives

JD.com Shrinks E-Commerce Business and Strengthens Logistics in Southeast Asia

Chinese e-commerce giant JD.com has reportedly closed its sites in Thailand and Indonesia. In response to a request for comment by Pandaily, the company's spokesperson said that it will continue to serve global markets, including Southeast Asia, through its supply chain infrastructure.

Luckin Coffee Starts Recruitment in Singapore

Recently, on JobStreet, a recruitment website in Southeast Asia, Chinese coffee chain Luckin Coffee was shown to be recruiting store managers in Singapore, offering a monthly salary ranging from S$3,800 to S$4,900 ($2,824 - $3,641).

Alibaba to Expand Southeast Asian E-commerce Arm Lazada to Europe

Chinese tech giant Alibaba plans to expand its Southeast Asian e-commerce subsidiary Lazada's business to Europe, seeking to promote overseas business growth amid slowing opportunities at home.

TikTok Shop Introduces Cross-border E-commerce Solutions to More SEA Countries

TikTok Shop, an e-commerce marketplace integrated into ByteDance’s TikTok, is launching its cross-border e-commerce business in more Southeast Asian countries including Thailand, Vietnam, Malaysia and the Philippines.

Ant Group Appoints Jia Hang as General Manager for Southeast Asia

Ant Group has announced the appointment of Jia Hang as its General Manager for Southeast Asia. The Group said this newly-established position will help strengthen its talent and capacity building in the region.

ByteDance’s TikTok Shop Enters Thailand, Vietnam and Malaysia

TikTok's e-commerce unit is about to make a big push into Southeast Asia. At present, TikTok Shop has entered into Thailand, Vietnam and Malaysia.

Southeast Asian Makeup Brand Y.O.U Secures $40M in Round-C Financing

Y.O.U, a makeup brand in based in Southeast Asia, announced on Wednesday that it has completed round-C financing of $40 million, led by Hidden Hill Capital.

IQIYI Appoints Industry Veterans as Country Managers, Eyeing Southeast Asia Market

IQIYI announced Monday that it has bolstered its leadership team with the appointment of three new country managers who will oversee the company's ambitious strategic growth plan in Southeast Asia.

Didi Chuxing Plans to IPO Earlier than Uber at a Valuation No Less than $80 Billion

If Didi Chuxing Technology Co., the Uber of China, succeeds in the initial public offering in 2018, it will bypass Uber to become the world’s first publicly listed ride-hailing company.

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