Friday , November 22 2024

Business

Business

MoIT strengthens fight against counterfeit goods in e-commerce

Counterfeit and smuggled goods of unknown origin are still being sold widely with increasingly sophisticated tricks, mainly in cyberspace. The Minister of Industry and Trade answered questions at the 36th session of the National Assembly’s Standing Committee held in Hà Nội on August 21. — Photo congthuong.vn HÀ NỘI — The …

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Alibaba’s revenue falls short of analysts’ expectations

China-based Alibaba, the operator of e-commerce platforms Taobao and Lazada, saw revenue missing expectations in the quarter ending June amid consumers’ tightened spending. Its revenue went up 4% year-on-year to CNY243.24 billion (US$33.89 billion), but was 2% lower than earlier forecasts by analysts surveyed by the London Stock Exchange Group. …

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Zalo slashes cloud storage without notice

Vietnam’s social media and messaging platform, Zalo, has unexpectedly halved its free data storage limit to 500 megabytes, leaving users scrambling to manage their files. Phuong Anh in Hanoi uploaded a file on Zalo Cloud Wednesday morning only to find out that she had run out of storage. For years …

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Daphne Announces 2024 Interim Results

Daphne Announces 2024 Interim Results Revenue and Profit Attributable to Shareholders up 54% and 83% respectively Proactive in Seeking Change and Capturing Growth Opportunities to Achieve Long-term Sustainable Development (RMB’ million) Six months ended 30 June 2024 2023 Change (%) Revenue 168.8 109.3 +54% Gross profit 85.8 56.6 +52% Operating …

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