Lazada Group

Alibaba (NYSE:BABA) owned e-commerce platform Lazada has initiated a new series of layoffs in its Southeast Asia operations, with Singapore being the most affected, according to CNBC. What Happened: Lazada, a Singapore-based e-commerce giant owned by Alibaba, has started laying off employees across...

Alibaba Group Holding Ltd. (NYSE: BABA)-owned Lazada Group is getting ready to enter Europe, after its success in Southeast Asia, to take on rivals such as Amazon.com Inc. (NASDAQ: AMZN) and Zalando SE (OTC: ZLNDY), reported Bloomberg. Lazada...

In more trouble for the Chinese tech giant, Alibaba Group Holdings Ltd (NYSE: BABA)-backed Indian grocer BigBasket suffered a massive data breach affecting a million users, Bloomberg reports. The cyberattack comes a few weeks after another Alibaba-backed e-...

Singapore-based Lazada Group, an e-commerce company owned by Chinese tech giant Alibaba Group Holdings Ltd (NYSE: BABA), disclosed that 1.1 million users were affected in a data breach. According to CNBC, all affected users were part of the RedMart database — the company's...