Alibaba’s Lazada makes first EBITDA profit in July, commits more investment
Published on: 2024-08-14
category: تقنية
Alibaba’s Southeast Asia-focused retailing unit Lazada made its first monthly profit in July, CEO James Dong announced at a Tuesday internal meeting, saying the positive status of the firm’s earnings before interest, taxes, depreciation, and amortization (EBITDA) “proves the effectiveness of Lazada’s business strategy,” an attendee told TechNode. Why it matters: The achievement could be […]
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Alibaba’s Southeast Asia-focused retailing unit Lazada made its first monthly profit in July, CEO James Dong announced at a Tuesday internal meeting, saying the positive status of the firm’s earnings before interest, taxes, depreciation, and amortization (EBITDA) “proves the effectiveness of Lazada’s business strategy,” an attendee told TechNode. Why it matters: The achievement could be […]