Wednesday, 28 June 2017

Alibaba to invest $1 billion in Lazada

BEIJING: Alibaba Group Holding will invest another $1 billion to raise its stake in online mall Lazada Group SA to 83%, securing control of a fast-growing startup at the vanguard of its Southeast Asian expansion. Read more here: Alibaba to invest $1 billion in Lazada
Read More Here: Alibaba to invest $1 billion in Lazada

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