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April 12, 2016 07:26 am GMT
Alibaba just took a big step in its Southeast Asian expansion journey. The company said today that it has pumped a total investment of about $1 billion into Lazada, in a deal that makes it the e-commerce platform’s controlling shareholder. Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/lhn1ZViz3dQ/
Alibaba pours a total of $1B into Southeast Asia e-commerce platform Lazada
Alibaba just took a big step in its Southeast Asian expansion journey. The company said today that it has pumped a total investment of about $1 billion into Lazada, in a deal that makes it the e-commerce platform’s controlling shareholder. Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/lhn1ZViz3dQ/
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