Alibaba's Lazada Hits Monthly Profit, Eyes Expansion in Southeast Asia: Report
Alibaba's Lazada Hits Monthly Profit, Eyes Expansion in Southeast Asia: Report
Alibaba Group Holding (NYSE:BABA) has announced that its Southeast Asian e-commerce platform, Lazada, achieved a significant milestone by posting a monthly profit for the first time in July 2024.
阿里巴巴集团控股（纽交所：BABA）宣布，其东南亚电子商务平台Lazada在2024年7月首次实现月度盈利，取得了重要里程碑。
During a town hall meeting, Lazada's CEO, James Dong, shared that the company recorded positive EBITDA, marking a key achievement in its business strategy, SCMP reports.
据SCMP报道，在一次城镇大会上，Lazada的CEO James Dong分享，公司实现了积极的EBITDA，这标志着其业务策略取得了重要的成就。
The company has been leveraging artificial intelligence-enabled operations, improved online marketing, user incentives, and optimized logistics to drive growth.
该公司一直在利用人工智能技术改进运营、优化在线营销、用户奖励、物流优化以推动增长。
Also Read: Singapore's Sea Reports Mixed Bag Of Q2 Earnings, Expects Shopee To Become Adjusted EBITDA Positive From Q3
新加坡的Sea发布Q2收益混合报告，预计Shopee从第三季度开始可能会出现调整后EBITDA为正。
Lazada, operating in Singapore, Indonesia, Malaysia, Thailand, Vietnam, and the Philippines, has focused on long-term growth and sustainability.
Lazada在新加坡、印度尼西亚、马来西亚、泰国、越南和菲律宾运营，专注于长期增长和可持续性。
Despite this achievement, Lazada continues to face intense competition in Southeast Asia. Sea Limited's (NYSE:SE) Shopee remains the leading e-commerce platform in the region, with a 48% market share.
尽管取得了这一成就，Lazada在东南亚仍面临着激烈的竞争。Sea Limited（纽约证交所代码：SE）的Shopee仍然是该地区领先的电子商务平台，市场份额达48%。
Alibaba has injected approximately $7.4 billion into Lazada. Looking ahead, Lazada aims to reach an annual gross merchandise value (GMV) of $100 billion by 2030
阿里巴巴已经向Lazada注资大约74亿美元。未来，Lazada旨在在2030年之前达到1000亿美元的年度总用户交易额（GMV）。
Alibaba's international commerce retail business revenue for the fourth quarter grew by 45% year over year to $3.80 billion.
阿里巴巴国际电子商务零售业务第四季度的收入同比增长45%至38亿美元。
Alibaba Group Holding stock lost over 13% in the last 12 months as it battles intense domestic e-commerce rivalry in a weak domestic economy.
由于在疲弱的国内经济环境下与激烈的国内电子商务竞争不断激化，阿里巴巴集团股票在过去12个月中损失了超过13%。
Investors can gain exposure to Alibaba Group Holding through SPDR NYSE Technology ETF (NYSE:XNTK) and Invesco Nasdaq Internet ETF (NASDAQ:PNQI).
投资者可以通过SPDR纽约证交所科技ETF（NYSE:XNTK）和景顺纳斯达克互联网ETF（NASDAQ:PNQI）获得阿里巴巴集团股票的投资机会。
Price Action: BABA shares traded lower by 0.35% at $80.80 premarket at the last check Wednesday.
截至上周三最后一次查询，BABA股票预市下跌0.35%，至80.80美元。
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
免责声明：本内容部分使用人工智能工具生成，并经Benzinga编辑审核发布。
Image by Quality Stock Arts via Shutterstock
图片由shutterstock的Quality Stock Arts提供。
