Alibaba Group-owned Daraz Group will lay off part ... be parting ways with as it pursues a "more streamlined and agile structure." In his memo, Dong said the decision comes as the company, which ...

Alibaba Group, often dubbed the “Amazon of China,” has long been a dominant player in the e-commerce and technology sectors. While it shares similarities with Amazon, especially in its diverse ...

In March last year, Alibaba set out a new organizational structure, empowering its six divisions to raise capital and seek initial public offerings. However, the group said in November it would no ...