Lazada South East Asia reports shrinking revenue, surging losses in FY2021

Lazada South East Asia reports shrinking revenue, surging losses in FY2021

Lazada group CEO James Dong. Photo: Lazada's LinkedIn page

Alibaba-owned e-commerce company Lazada South East Asia Pte. Ltd. racked up mounting losses in the financial year ended March 31, 2021, on the back of shrinking revenue, its latest regulatory filings show.

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