Alibaba doubles Lazada investment to $4 billion in aggressive Southeast Asian expansion
Apple developing own screens using next-generation MicroLED tech: Bloomberg
March 19, 2018Online furniture retailer Home24 trims losses as it eyes listing
March 19, 2018This post was originally published on this site
BEIJING/SINGAPORE (Reuters) – Alibaba Group Holding Ltd said it will invest an extra $2 billion in Southeast Asian e-commerce firm Lazada Group and tapped a top executive to run the business, as it takes on rivals such as tech titan Amazon in an aggressive expansion in the region.