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April 13, 2016 07:44 am GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/TeVRdP-mkxo/
Alibabas $1B investment came just in time for cash-strapped Lazada
It’s hard to call a billion dollar exit from an emerging market anything more than a major win, but Lazada, the Rocket Internet-backed e-commerce firm in Southeast Asia, nearly ran out of money before Alibaba swooped in with a $1 billion investment announced yesterday. Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/TeVRdP-mkxo/
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