Alibaba invests USD 1 billion in Singapore e-commerce firm Lazada - Moneycontrol.com

Alibaba invests USD 1 billion in Singapore e-commerce firm Lazada - Moneycontrol.com

Moneycontrol.com

Alibaba invests USD 1 billion in Singapore e-commerce firm Lazada
Moneycontrol.com
Alibaba Group Holding Limited announced today that it will invest approximately USD 1 billion to increase its stake in Lazada Group, an e-commerce platform based in Singapore, from 51 percent to approximately 83 percent. Alibaba will purchase the ...
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