Ron Burgundy Posted April 15, 2016 Share Posted April 15, 2016 By Aradhana Aravindan and Eveline Danubrata SINGAPORE/JAKARTA (Reuters) - With its $1 billion buy of online retailer Lazada, Alibaba has signaled Southeast Asia as a regional e-commerce battleground - with 600 million people, and no shortage of logistical headaches. "KOMODO IN THE JUNGLE" Though Lazada more than tripled the number of active customers to 7.3 million, its losses more than doubled last year, and experts warn that investors should be prepared for a long wait before the industry turns a profit. View the full article Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.