Lazada’s key advantage in Southeast Asia amid rising competition from new entrants such as PDD Holdings’ Temu and ByteDance’s TikTok lies in technology such as artificial intelligence (AI) and logistics, Lazada Thailand CEO Varitha Kiatpinyochai said on Friday. “With Lazada being part of the Alibaba Group, we can really leverage the best-in-class technology and ecosystem … Read more
In the third of a four-part series on China’s universities and campus life, Alcott Wei asks why students are finding it so hard to switch disciplines once they reach university, in contrast to the previous generation which prioritised getting into the most prestigious institutions. Read the second part here. John Fan, an undergraduate at Changan … Read more
Alibaba’s antitrust review comes to a close after 3 years of government scrutiny China’s market regulator has ended its antitrust review of Alibaba Group Holding and given the group full recognition after fining the e-commerce giant US$2.8 billion in 2021, according to an announcement on Friday. The State Administration for Market Regulation (SAMR), China’s market … Read more
Billionaire investor David Tepper is known for his high-risk, aggressive trading style. As the founder of the Appaloosa Management hedge fund, Tepper has made a fortune with his contrarian calls and bets on the debts of distressed assets. During the ’08 financial crash that drove down the value of banks to record lows, Tepper was … Read more
