AntFinancialexecutivechairmanLucyPengissteppingdownfromherpositiontofocusonAlibabaGroup'se-commerceeffortsinSoutheastAsia.EricJing,chiefexecutiveoftheAlibabaaff
AibabaGroupsaidMondayitwillinjectafurther$2billionintoSoutheastAsianonlineshoppinggiantLazadaaspartofthegroup’songoingefforttoacceleratetheregion’se-commercedev
OnlineretailerLazadaGroupsaiditwillsellselectitemsfromAlibabaGroupHoldingLtd’sTaobaomarketplaceinthreemorecountriesinSoutheastAsia,expandingthepartnershipbetwee
China'stechgiantAlibabaannouncedWednesdayitwillinvestanotheronebillionUSdollarsinSingapore-basede-commercestartupLazada,therebyincreasingitsstakefrom51to83perce
US major set to challenge Chinese behemoth's Lazada platform in regional online shopping
Alibaba Group Holding has agreed to buy a controlling stake in Southeast Asian online retailer Lazada Group for about US$1 billion, its biggest deal overseas, as the Chinese e-commerce giant seeks fertile new turf while growth slows at home.
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