• About Us
  • Advertise
  • Archives
  • Contact Us
  • Internet Speed Test
  • Smartphone Prices
Friday, August 5, 2022
Tech Pilipinas
  • Home
  • Telecoms
  • Government
  • Fintech
  • Gadgets
  • Mobile
  • Social Media
  • E-commerce
  • Internet
  • Tutorials
  • Deals
  • More
    • Apps
    • Blogging
    • Business
    • Emerging Tech
    • Giveaways
    • News
    • Security
    • WordPress
No Result
View All Result
  • Home
  • Telecoms
  • Government
  • Fintech
  • Gadgets
  • Mobile
  • Social Media
  • E-commerce
  • Internet
  • Tutorials
  • Deals
  • More
    • Apps
    • Blogging
    • Business
    • Emerging Tech
    • Giveaways
    • News
    • Security
    • WordPress
No Result
View All Result
Tech Pilipinas
No Result
View All Result

Alibaba Takes Control of Lazada Amid Shakeup Rumors

A shakeup of Lazada's tech team is happening as Alibaba consolidates its control of the e-commerce company

Luis Reginaldo Medilo by Luis Reginaldo Medilo
March 6, 2018
in E-commerce
0
Lazada
1
SHARES
Share on FacebookShare on Twitter

Several months after Alibaba increased its stake in Lazada from 51% to 83%, the Chinese multinational giant is consolidating its control over the Southeast Asian e-commerce company. Two senior Alibaba executives have joined Lazada’s technology team, the e-commerce firm revealed.

Chun Li, the former chief technology officer of Alibaba’s B2B division, joined Lazada last year to become the co-president of technology. Raymond Yang, another former Alibaba executive, joined the company as its new chief product officer.

Lazada recently announced the shutdown of its Moscow and Bangkok engineering centers and is moving a small number of staff to tech hubs in Shenzhen, China; Singapore; and Ho Chi Minh City, Vietnam.

According to two ex-employees who wish to remain anonymous, Lazada offered its 200-plus Moscow employees the chance to relocate to its remaining tech hubs. Majority of the employees declined, citing the low relocation offer. The relocation offers were made last week while the shutdown of the Moscow office was announced in October of last year. The employee departures are expected to be completed by May.

Lazada’s Bangkok staff were also offered relocation packages. It was not known how many Bangkok employees accepted the offer.

The technology, product, and business intelligence teams of Alibaba now “comprise colleagues from Lazada, with additions from Alibaba and a continuous inflow of new hires,” a Lazada spokesman said. He did not mention how many Alibaba employees joined Lazada’s team.

The firm’s Shenzhen tech hub is an indication of the company’s partnership and collaboration with Alibaba. The tech hub is located near Alibaba’s giant office center which is the size of 11 football fields.

Lazada vs. Shopee War Heats Up

E-commerce upstart Shopee is gearing up for a heated confrontation with Lazada. Shopee has started to stock products from Taobao sellers a few days ago (Lazada started selling Taobao products last year). The company didn’t say how it managed to bring Taobao sellers to its website. Some experts say that bringing in Taobao sellers to the Shopee marketplace may be costly for the company in the long run, since Shopee needs to offer big incentives to successful Taobao sellers to do business in its platform.

Just like Lazada, Shopee is not yet profitable. The startup made $9.3 million in revenue while spending $132 million in marketing for the fourth quarter of 2017. Shopee’s stock prices fell 10% after the latest financial figures for its parent company, Sea, were released. The group lost $252 million in the last quarter of 2017.

Other e-commerce rivals in the region, such as JD and Amazon, are investing in Singapore and Indonesia operations. Lazada, however, enjoys a massive regional presence that none of its competitors have. Alibaba’s vast logistic network will enable Lazada to boost its cross-border e-commerce prospects in a region with differing cultures and traditions.

Lazada’s dominance in Southeast Asia is far from certain, however. It will need to integrate Chinese and Southeast Asian cultures to fend off its rivals. With Shopee hot on its heels, Lazada cannot afford to rest on its laurels.

Source: Tech in Asia

Tags: AlibabaLazadaonline shoppingShopee
Don't Miss An Article!
Sign up for our free newsletter and get updated every time we publish a new article. We work very hard to bring you the latest in the Philippine and global tech scene.
We will not share your email address. We really hate spam!
Previous Post

Senator Proposes Automatic Refund of Lost or Stolen Prepaid Load

Next Post

DFA Plans to Launch an Online Passport Renewal System by Next Year

Luis Reginaldo Medilo

Luis Reginaldo Medilo

Luis is the founder and editor of Tech Pilipinas. A former DOST scholar and electronics engineering student, he is passionate about technology and how it can change the world for the better. More About Luis »

You May Also Like

E-commerce

How to Activate and Use SPayLater in Shopee

April 4, 2022
E-commerce

How to Use GCredit to Pay in Shopee

March 3, 2022
E-commerce

J&T Express Shipping Rates in the Philippines (2022 Updated Guide)

July 19, 2022
E-commerce

How to Earn Free Shopee Coins by Paying Your Bills Online

November 13, 2020

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Latest Articles

300+ Memorable and Captivating Captions For Your Profile Picture

July 18, 2022

How to Contact Cebu Pacific Hotline and Customer Service

July 13, 2022

How to Download and Fill Out the Personal Data Sheet (PDS Form)

July 8, 2022

MMDA Number Coding: Are You Allowed to Drive in Metro Manila Today?

July 4, 2022

What is the A3 Paper Size in Microsoft Word?

July 1, 2022

Recommended

The Best Smartphone and Gadget Deals During the Lazada 12.12 Grand Year End Sale

December 11, 2018

How to Send Money From GCash to PayMaya

July 9, 2021
online grocery shopping

Lazada to Launch an Online Grocery Shopping Service Later This Year

March 7, 2018

How to Transfer Money Online from BDO to BPI and Other Local Banks

January 17, 2022

Huawei Loses Access to Google and Android: Should You Be Worried?

May 20, 2019
Facebook Twitter Instagram Youtube Pinterest

About Us

Tech Pilipinas is the Philippines’ digital lifestyle and technology magazine, helping millions of Filipinos keep up with the challenges of the fast-paced, ever-changing world of technology.

For any inquiries or business proposals, e-mail [email protected].

Get it on Google Play

Browse by Category

  • Apps
  • Blogging
  • Business
  • Computers
  • Deals
  • E-commerce
  • Emerging Tech
  • Entertainment
  • Events
  • Fintech
  • Gadgets
  • Gaming
  • Giveaways
  • Government
  • Internet
  • Interviews
  • Mobile
  • News
  • Reviews
  • Security
  • Social Media
  • Software
  • Startups
  • Telecoms
  • Tutorials
  • WordPress
  • ZIP Codes

Popular Tags

Android Facebook GCash Globe Huawei Lazada mobile wallet online banking online payments online shopping PayMaya PLDT Samsung Shopee Smart smartphone Social Security System SSS WiFi Xiaomi

Copyright © 2017-2022, Tech Pilipinas and Luis Reginaldo Medilo. All Rights Reserved.
No part of this site may be copied, reproduced, modified or distributed without the prior written consent of Luis Reginaldo Medilo.
Contact Us | Copyright Notice | Disclosure Policy | Disclaimer | Privacy Policy
DMCA Protection Status

  • Home
  • Categories
    • Apps
    • Blogging
    • Business
    • Computers
    • Deals
    • E-commerce
    • Emerging Tech
    • Gadgets
    • Gaming
    • Giveaways
    • Government
    • Internet
    • Interviews
    • News
    • Reviews
    • Security
    • Social Media
    • Software
    • Startups
    • Telecoms
    • Tutorials
    • WordPress
  • About Us
  • Archives
  • Advertise
  • Contact Us
  • Internet Speed Test
  • Smartphone Prices