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Philippines: Ayala Corp completes Zalora purchase

LISTED conglomerate Ayala Corp. announced on Thursday it has completed the acquisition of a significant stake in BF Jade E-Services, Inc., which owns the online fashion retailer Zalora. Ayala Corp. said it has acquired over 269 million shares, equivalent to a 43.28 percent stake in BF Jade, while Ayala Land Inc. (ALI) in a separate […]

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Laos Promotes Online Trade In E-Commerce Push

Laos has become the latest country in Southeast Asia to promote e-commerce for its large small- and medium business sector. An online trade website called Plasosme focusing on Lao goods is now fully operational to act as a trade platform for online and offline businesses and also provide investment opportunities in the sector. The website was created through a […]

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