Alibaba

In a message to all employees, Yu Yongfu, CEO of Ele.me, sought to quash the rumors before they escalate further.

Several contenders exist, but the verdict on the future leader of Southeast Asia’s e-commerce market remains pending.

To categorize the recent layoffs merely as a cost-cutting measure might risk oversimplifying the more nuanced strategy that Alibaba is implementing at Lazada.

Consumers flock to the 1688.com wholesaling site as the economy loses steam.

Lazada’s decision to retrench employees may be unpalatable, but Shopee’s recent trajectory suggests that it could be a strategic move for the company.

Trudy Dai has been replaced as the group faces fierce competition in two key segments.

While rumors circled around Luohan Academy’s closure, it is Damo Academy—Jack Ma’s other “training ground”—that bears a greater responsibility for future profit generation.

It’s complicated, but the decision to ditch its initial plan of spinning off Alibaba Cloud may ultimately work out for the better.