Lazada Southeast Asia's losses nearly doubled in 2022, even as revenue jumped 6x

Lazada Southeast Asia's losses nearly doubled in 2022, even as revenue jumped 6x

REUTERS/Darren Whiteside

Marketplace platforms are spending huge amounts on infrastructure, logistics, as well as advertising and marketing to stay ahead of the competition in Southeast Asia’s burgeoning e-commerce space.

Edited by: Joymitra Rai