Alibaba's Lazada braces for brawl with Amazon in South-east Asia
Region's largest e-commerce site is rolling out a series of initiatives in anticipation of US giant's entry
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
ALIBABA Group Holding Ltd and Amazon.com Inc are about to clash in South-east Asia. And Lazada Group SA, which Alibaba bought this year for US$1 billion, will be right at the heart of that conflict.
South-east Asia's largest e-commerce site is rolling out a series of initiatives in anticipation of the US giant's entry next year. It's expanding its delivery network within the region and beyond, via partners in China and South Korea. It's on the prowl for investments and acquisitions to shore up its supply chain. And it intends to delve deeper into online groceries in 2017, a notoriously difficult market it got into by buying RedMart.
Share with us your feedback on BT's products and services
TRENDING NOW
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Beijing’s calculated silence on the Iran war
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Vietnam formalises new state leadership, redefining ‘four pillars’ power balance
