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Alibaba's Pakistan E-Commerce Wing Daraz Joins Downsizing Bandwagon As Slowdown Hits

Alibaba's Pakistan E-Commerce Wing Daraz Joins Downsizing Bandwagon As Slowdown Hits

阿里巴巴巴基斯坦電子商務翼 Daraz 加入縮小潮流,因為放緩命中
Benzinga Real-time News ·  2023/02/07 18:35
  • Alibaba Group Holding Limited's (NYSE:BABA) Daraz Group slashed 11% of jobs to counter the weakness in online commerce, joining a growing roster of tech names.
  • The Pakistani company, which Alibaba snapped from Rocket Internet in 2018, has quintupled active shoppers to over 15 million over the past five years, Bloomberg reports.
  • But in 2022, that pace decelerated after the Ukraine war and soaring inflation disrupted supply chains and economies, CEO Bjarke Mikkelsen said in an internal memo.
  • Also Read: Alibaba Focuses On South Korea For International E-Commerce With Best Pricing Tactics
  • Daraz in Pakistan represents Alibaba's overseas foray along with other private firms, including Lazada Group SA and Trendyol in Turkey, .
  • In 2021, Daraz shared plans to double orders annually over the next five years, courtesy of its position in South Asian markets.
  • Alibaba reported second-quarter FY22 revenue growth of 3% year-on-year to $29.12 billion, missing the consensus of $29.45 billion.
  • International commerce revenue rose by 4% Y/Y to $2.21 billion.
  • International Commerce (8% of revenue): The combined number of orders of Lazada, AliExpress, Trendyol, and Daraz declined by 3% Y/Y due to the declining orders of Lazada and AliExpress due to change in the European Union's VAT rules, depreciation of the Euro against the U.S dollar and ongoing supply chain and logistics disruptions due to the Russia-Ukraine conflict.
  • In 2022, Alibaba rival Sea Limited (NYSE: SEA) slashed 7,000 jobs, or 10% of its workforce, in the past six months as it fights to stem ballooning losses and win back investors.
  • Price Action: BABA shares traded higher by 1.47% at $107.13 premarket on the last check Tuesday.
  • 阿里巴巴集團 (紐約:巴巴) 達拉斯集團 削減 11% 的工作機會,以應對在線商務的弱點,加入了越來越多的技術名單。
  • 彭博社報道,阿里巴巴在 2018 年從火箭互聯網上搶購巴基斯坦公司,在過去五年中,活躍購物者數量超過 1500 萬人。
  • 但是,在 2022 年,在烏克蘭戰爭和通貨膨脹飆升之後,這種速度放緩了,破壞了供應鏈和經濟,首席執行官 Bjarke Mikkelsen 在內部備忘錄中說。
  • 另請閱讀: 阿里巴巴以最佳定價策略專注於韓國國際電子商務
  • 巴基斯坦的 Daraz 代表阿里巴巴與其他私人公司一起進行海外進行,包括 Lazada 集團 SA 和土耳其的 Trendyol。
  • 在 2021 年,Daraz 共同計劃在未來五年內每年翻倍訂單,這歸功於其在南亞市場的地位。
  • 阿里巴 據報告,第二季度 22 財年營收同比增長 3%,達到 2912 億美元,缺少 2945 億美元的共識。
  • 國際商業收入按年增長 4%,達到 221 億美元。
  • 國際商務(收入的 8%): 拉扎達,全球速賣通,Trendyol 和 Daraz 的訂單總數下降了 3% Y/Y 由於歐盟增值稅規則的變化,歐元兌美元的折舊以及持續的供應鏈以及由於俄羅斯和烏克蘭衝突造成的物流中斷,物流中斷。
  • 2022 年,阿里巴巴競爭對手 海洋限定 紐約證券交易所代碼:SEA)在過去六個月內削減了 7,000 個就業機會或 10% 的勞動力,因為它努力阻止氣球損失並贏得投資者。
  • 價格行動: BABA 股價在上次檢查週二上漲 1.47%,價格為 107.13 美元。

譯文內容由第三人軟體翻譯。


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