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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.

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  • Kuala Lumpur is seeking foreign investment to upgrade its “Silicon Valley.”

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    Malaysia and China deepen chip cooperation with joint expo

    2 mins read

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