Alibaba’s Lazada cuts staff across Southeast Asia in fresh round of layoffs
Lazada is the third-largest e-commerce player in Indonesia, after Sea Limited's Shopee and Tokopedia, according to Momentum Works.Matt Hunt | ...
Tag: Asia Economy
Shares of Apple suppliers fall in Asia after Barclays downgrades the iPhone maker
CUPERTINO, CALIFORNIA - SEPTEMBER 12: The new iPhone 15 Pro is displayed during an Apple event at the Steve Jobs ...
‘Bonds are back’ as markets enter a ‘new paradigm,’ says HSBC Asset Management
The HSBC Holdings Plc headquarters building in Hong Kong, China.Paul Yeung | Bloomberg | Getty ImagesLONDON — Markets have entered ...
Shares of Chinese AI giant SenseTime plunge to an all-time low after founder’s death
A logo of SenseTime is seen during 2021 China Content Broadcasting Network Exhibition at China International Exhibition Center on May ...
TSMC Chairman Mark Liu to retire in 2024, CEO recommended as successor
The company logo for Taiwan Semiconductor Manufacturing Company is displayed on a screen on the floor of the New York ...
Tencent loses over $43 billion in market value after China proposes new online gaming rules
Tencent lost about $43.5 billion in market value on Friday after China surprised financial markets with a fresh set of ...
Southeast Asia’s funding winter could end next year — but tech firms need viable paths to profitability
Smart farm and Automatic robot mechanical arm harvesting vegetablesVithun Khamsong | Moment | Getty ImagesVenture capital firms in Southeast Asia ...
India overtakes Hong Kong to become the world’s seventh largest stock market
Pedestrians walk towards the Chhatrapati Shivaji Terminus train station at dusk in Mumbai, India, on Wednesday, Oct. 4, 2023.Bloomberg | ...
In a first for Singapore, livestreaming app 17LIVE goes public via SPAC merger
A live-streamer at a 17LIVE event.17LIVEIn a first for Singapore, shares of 17LIVE began trading Friday following the Asian livestreaming ...
Vietnamese companies eye the U.S. IPO market amid a lull in Chinese listings
A VinFast EV car on display at the New York Auto Show, April 13, 2022.Scott Mlyn | CNBCBEIJING — A ...
