Brands and distributors on Alibaba platform will now have access to the Southeast Asian consumer market Alibaba Group and Lazada Group today announced that they have come into an agreement in which Alibaba will acquire a controlling stake in Southeast Asia’s leading e-commerce platform Lazada. The transaction consists of an investment of approximately US$500 million...
The post Hold your breath: Alibaba just acquired controlling stake in Lazada appeared first on e27.
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The post Hold your breath: Alibaba just acquired controlling stake in Lazada appeared first on e27.
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