Japan’s Nikkei Drops as Markets Await Key U.S. Inflation Data 
What’s the difference between baking powder and baking soda? It’s subtle, but significant 
Netflix Nearing Major Deal to Acquire Warner Bros Discovery Assets 
European Stocks Rise as Markets Await Key U.S. Inflation Data 
Oil Prices Hold Steady as Ukraine Tensions and Fed Cut Expectations Support Market 
Hikvision Challenges FCC Rule Tightening Restrictions on Chinese Telecom Equipment 
Rio Tinto Raises 2025 Copper Output Outlook as Oyu Tolgoi Expansion Accelerates 
ExxonMobil to Shut Older Singapore Steam Cracker Amid Global Petrochemical Downturn 
Europe Confronts Rising Competitive Pressure as China Accelerates Export-Led Growth 
The pandemic is still disrupting young people’s careers 
Asian Currencies Edge Higher as Markets Look to Fed Rate Cut; Rupee Steadies Near Record Lows 
AI is driving down the price of knowledge – universities have to rethink what they offer 
Dollar Slides to Five-Week Low as Asian Stocks Struggle and Markets Bet on Fed Rate Cut 
BOJ Faces Pressure for Clarity, but Neutral Rate Estimates Likely to Stay Vague 
Airline Loyalty Programs Face New Uncertainty as Visa–Mastercard Fee Settlement Evolves 
6 simple questions to tell if a ‘finfluencer’ is more flash than cash 
Lazada Group has joined forces with the Seoul Business Agency (SBA) to facilitate the expansion of South Korean SMEs into the thriving Southeast Asian market. Commencing with Singapore, this partnership aims to create new horizons for ambitious Seoul-based businesses.
Empowering Businesses Through Lazada's Technology
The collaborative effort between Lazada and SBA seeks to empower South Korean SMEs, enabling them to leverage Lazada's cutting-edge technology, tools, and solutions for sustainable growth in Southeast Asian digital shopping. This strategic alliance will not only enrich the product range but also provide additional brand options for the vast customer base of Lazada, according to Inside Retail.
As per PR Newswire, the MoU was officially signed at Lazada's offices, Lazada One, in Singapore. Jason Chen, Chief Business Officer of Lazada Group, and Hyunwoo Kim, CEO of Seoul Business Agency, represented their organizations on this momentous occasion. Notably, this marked CEO Kim's first visit to Singapore, underscoring the significance of this partnership for both companies.
Seoul Business Agency's Commitment to Innovation, Economic Growth
Under the agreement, the Seoul Business Agency will spearhead efforts to promote Lazada as the key eCommerce marketplace for SMEs in Seoul. The collaboration will initially focus on Singapore, where SBA and Lazada will collaborate to onboard and incubate selected new cross-border sellers from Seoul onto the Lazada Singapore platform.
Hyunwoo Kim, Chief Executive Officer of Seoul Business Agency, emphasized their dedication to promoting innovation and economic growth for Seoul's SMEs. He highlighted the value of partnering with Lazada, allowing South Korean SMEs to access the vast customer base in Southeast Asia through this collaboration.
Kim further expressed their commitment to creating quality job opportunities and fostering the success of South Korean businesses.
Jason Chen, Chief Business Officer of Lazada Group and Chief Executive Officer of Lazada Singapore, said: "This collaboration not only strengthens our commitment to offering buyers an extensive variety of products but also reinforces our dedication to fostering cross-border shopping and welcoming brands and sellers from across the globe to our eCommerce ecosystem."
Photo: PR Newswire
