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Aug 26, 2024

Lazada, The Southeast Asian Ecommerce Platform, Has Turned A Profit

According to the internal speech of Lazada CEO Dong Zheng, the Southeast Asian e-commerce platform Lazada recorded a positive EBITDA (earnings before interest, tax, depreciation and amortization) in July this year, achieving profit. It is understood that Dong Zheng said that the profit proves the effectiveness of Lazada's business strategy, and the company will continue to increase investment in the Southeast Asian market under the sustainable operation model.

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