Alibaba HQ
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Chines e-commerce giant Alibaba and US counterpart Amazon are set to go head-to-head in the increasingly dynamic e-commerce markets of South-east Asia. Alibaba is completing its $1bn acquisition of Singapore-headquartered platform Lazada, the region’s largest site, and Amazon is gearing up for Prime delivery and Amazon Fresh services to Singapore in the first quarter of next year, although its executives will be wary of repeating the bruising it received at the hands of Alibaba in China. “Alibaba’s experience quashing Amazon in China may yet prove indispensable. Central to Lazada’s effort is building a system that can deliver goods into Southeast Asia from merchants in other countries, a cross-border model akin to Alibaba’s.”

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