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Alibaba’s Lazada achieves first profit despite TikTok Shop’s 2023 market surge

Lazada’s first profit milestone hints at Alibaba’s USD 7.7 billion investment bearing fruit, but intense competition leaves a long road ahead.

2 mins read
  • After entering its third Southeast Asian market, Temu is slowing its regional advance.

    News

    Temu expands into Thailand, takes cautious approach to Southeast Asia

    5 mins read

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