E-commerce agency Lazada, the Southeast Asian arm of Alibaba Group, has laid off some employees from its Singapore workplace on Jan 3, based on native media The Edge Singapore.
Junior and senior staff from a number of departments, together with the industrial and advertising and marketing groups, had been affected, based on the media.
The Edge Singapore added that staff acquired calendar invitations for particular person conferences with the human assets division on Jan 3 on the finish of the Jan 2 work day.
Former staff reportedly mentioned that former chief govt officer of Lazada Singapore Loh Wee-Lee was “requested to depart” in August 2023.
Lazada Singapore has additionally operated with out an in-house communications division since final 12 months. Lazada has but to reply to TNGlobal‘s question at press time.
In accordance with The Edge Singapore, Lazada and its mother or father firm Alibaba have seen a slew of management adjustments since mid-2022. In June that 12 months, Lazada’s CEO Li Chun was changed by James Dong, the top of Alibaba’s Thailand enterprise and former enterprise assistant to Daniel Zhang, a former Alibaba CEO.
Zhang, in flip, introduced in June 2023 that he would step down as CEO and chairman to concentrate on Alibaba’s cloud division from September 2023. Alibaba later introduced Zhang’s departure after 16 years with the Chinese language e-commerce large.
In accordance with Reuters’ earlier report, Lazada was based in 2012 by Germany’s Rocket Web expertise incubator to change into Southeast Asia’s reply to Amazon.com. Alibaba acquired a controlling stake in Lazada for about $1 billion in 2016 in what was the Chinese language agency’s greatest overseas deal at the moment, the report added.
In Southeast Asia, Lazada competes with Singapore-headquartered Shopee and Indonesia’s Tokopedia, amongst different on-line procuring platform.
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