Lazada’s quarterly revenue falls 4% but other positives emerge

An employee at online retailer Lazada walks into the company's office in Jakarta, Indonesia April 15, 2016. REUTERS/Darren Whiteside - RTX2A348

Alibaba-owned Southeast Asian e-commerce firm Lazada showed a decline in revenues in the quarter ended March 31, 2019, as it tries to shift from a direct sales model to a core marketplace.

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