Tag: Lazada

NPC warns public about “smishing” as text scams rise, says global syndicates behind scam text surge

Summons data protection officers of telecom firms, e-commerce platforms and banks (Eagle News) – Amid the recent surge of scam texts, the National Privacy Commission (NPC) asked telecommunications firms, online or e-commerce platforms, and several banks to report the steps that they are taking to fight fraudsters that target not only internet users, but mobile phone users as well. Privacy Commissioner Raymund Liboro called the public’s attention to “smishing,” a new scam procedure being used […]

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Alibaba expands in Southeast Asia with $1 bn deal

SHANGHAI, China (AFP) — Chinese e-commerce giant Alibaba will acquire a controlling stake in leading Southeast Asian online shopping platform Lazada for $1.0 billion, it said Tuesday as Jack Ma’s company seeks to expand outside its home market. Alibaba’s Taobao platform is estimated to have more than 90 percent of the consumer-to-consumer market in China, while its Tmall platform is believed to command more than half of business-to-consumer transactions. But its international commerce business only accounted […]

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