Alibaba Bets Another $2 Billion on Southeast Asia

That’s the headline of a story I wrote with my colleague Liza Liz, which ran on Monday. It begins: Alibaba Group Holding Ltd. Executive Chairman Jack Ma is doubling down on Southeast Asia, investing another $2 billion in e-commerce subsidiary Lazada Group and naming trusted confidante Lucy Peng as its chief executive. The investment announced […]

A Browser You’ve Never Heard of Is Dethroning Google in Asia

That’s the headline of my newest story, out today. It begins: JAKARTA, Indonesia—A mobile browser rarely used in the West has outflanked Google’s Chrome in some of Asia’s fastest-growing markets, giving owner Alibaba Group Holding Ltd. an advantage in the race among technology giants to capture the next generation of internet users. Hundreds of millions […]

By Me Today: China Tech Firms are Leading Asia’s Mobile Money Race

The story begins: NEW DELHI—Silicon Valley is home to the world’s most influential consumer-tech firms, but China’s online corporate titans are way ahead in the race to build mobile-payment services in many of the world’s fastest-growing consumer markets. China’s digital-payments market, by far the world’s largest, is dominated by e-commerce giant Alibaba Group Holding Ltd. […]

Newley’s Notes 85: Me Talking Trump and Visas; BBC’s Viral Classic; Barca: Amazing; Micro-meteorites

Edition 85 of my email newsletter, Newley’s Notes, went out to subscribers Saturday. To get these weekly dispatches delivered to your inbox before I post them, enter your email address here. It’s free, it’s fun, it’s brief, and few people unsubscribe. Hi friends, thanks for reading Newley’s Notes. Apologies for the delay in sending this […]

By Me and a Colleague Wed.: Alibaba to Invest $1 billion in Southeast Asia-Focused E-Commerce Startup Lazada

The story begins: Chinese Internet giant Alibaba Group Holding Ltd., in its biggest overseas acquisition to date, said Tuesday it would pay about $1 billion for a controlling stake in Singapore e-commerce startup Lazada Group, betting on growth in populous Southeast Asia. The acquisition of Lazada—which sells everything from rice cookers to smartphones and operates […]

The Alibaba IPO Roadshow Came to Singapore Yesterday

And some colleagues and I wrote it about it here: Alibaba on Tuesday wrapped up its roadshow in Asia as it nears what could be the world’s largest initial public offering, with investors seeming to shrug off concerns about a higher valuation and focusing on the Chinese e-commerce firm’s growth prospects. Founder and Executive Chairman […]