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Tags Posts tagged with "Alibaba"

Alibaba

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Chinese e-commerce giant Alibaba Group is investing $378.5 million in its Southeast Asian retail division Lazada, according to a regulatory statement filed with the...

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Alibaba Cloud, the cloud computing unit of Chinese e-commerce giant Alibaba, will build its first data center...

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Thailand’s logistics services provider for e-commerce, Flash Group, after successful funding rounds has become the country’s first...
Alibaba launches second data center in Indonesia as demand surges

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China's e-commerce giant Alibaba Group, through its cloud computing arm Alibaba Cloud, on January 9 launched its second data center in Indonesia to cope...
Indonesia’s Tokopedia raises $1.1 billion from Alibaba, Softbank

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Indonesia’s leading e-commerce portal Tokopedia said on December 12 it has raised $1.1 billion in funding from investors including Japanese tech holding SoftBank’s Vision...
Malaysia government sets 20% annual growth target for e-commerce sector

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The Malaysian government has set an annual growth rate target of 20 per cent for the e-commerce sector in the country, from 14.3 per...
Amazon’s cloud service unit to invest almost $1 billion in Indonesia

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American IT giant Amazon is planning a 14 trillion-rupiah ($945 million) investment in Indonesia, according to The Straits Times, which referred to local news...
Dr. M talks tech with Alibaba’s Ma

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Malaysian Prime Minister Mahathir Mohamad, also known as Dr. M, met with the founder of China’s largest e-commerce enterprise Alibaba Group, Jack Ma, at...
Alibaba commits to $320-million investment in Thailand

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Alibaba Group on April 20 signed an agreement as scheduled with the Thai government to build a “Smart Digital Trading Hub” in the country,...
Thai billionaire buys e-commerce portal Tarad, heating up competition

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Thai beverage, property, industrial, agriculture and retail conglomerate TCC Group said it is acquiring a majority stake in Tarad.com, a leading domestic e-marketplace operator...
Alibaba’s to reveal investment roadmap for Thailand

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Jack Ma, founder and CEO of China's e-commerce giant Alibaba Group will visit Thailand in April to announce the company’s investment plan in connection...
Philippines eyes new, cheaper cash remittance channel for OFWs

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The Philippine government is looking for solutions to provide cheaper and more convenient remittance channels for its Overseas Filipino Workers (OFWs). Particularly, technology developed...
Indonesia’s retail stores feel the void as online shopping takes off

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After years of impressive growth in wages and consumer spending, sales at retail outlets and malls in Indonesia are at the crossroads, while, at...
Singapore chosen for one of Alibaba’s new global R&D locations

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Chinese e-commerce giant Alibaba will open a new lab facility in Singapore as one of the seven centers announced by the company’s executive chairman...
Indonesia seen as new frontier for startups in Southeast Asia

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The successful first-ever IPO of a startup in Indonesia, as well as the country's burgeoning tech industry, has moved the nation in the spotlight...
Amazon to kick off Southeast Asian expansion in Singapore

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In what could become a battle of the e-commerce giants, Amazon is reportedly setting up shop in Singapore as early as this week to...
Alibaba spends another $1b on Lazada to pump up Asian e-commerce business

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Chinese e-commerce giant Alibaba will invest an additional $1 billion into online shopping portal Lazada which operates in six countries in Southeast Asian, namely...
Thailand gives priority to Eastern Economic Corridor development

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Thailand is keen to develop its industrial heartland in the southeastern provinces of Chonburi, Rayong and Chachoengsao into what it calls the Eastern Economic...