source: https://thefinance.sg/2024/01/21/e-commerce-war-in-south-east-asia-explaining-lazadas-action-and-the-future/
E-commerce War in South East Asia: Explaining Lazada’s Action and the Future.
By now, investors would be aware there is intense competition in South East Asia’s e commerce scene. Bytedance’s Tiktok has entered since early 2023 and been utilising its US$10+ billion annual profits from China to subsidise the large losses incurred in South East Asia, the aim is simple to be the one of the de […]
