Alibaba’s Lazada courts Armani, D&G to fend off Shopee, TikTok in Southeast Asia

Alibaba’s Lazada courts Armani, D&G to fend off Shopee, TikTok in Southeast Asia

Alibaba Group Holding’s Lazada is courting top European fashion and design brands to help fend off Asian rivals and eventually reach its goal of US$100 billion in e-commerce volume by 2030. Executives met this week in Milan with founders and managers of more than a hundred Italian brands interested in tapping Southeast Asia through LazMall … Read more