By FDI Creative Services on 03/18/2018
Category: Security News

Alibaba to invest extra $2 billion in Lazada in aggressive Southeast Asian expansion

BEIJING (Reuters) - Alibaba Group Holding Ltd said it will invest an additional $2 billion in Southeast Asian e-commerce firm Lazada Group and replace its chief executive, consolidating its control over the firm as it targets an aggressive expansion in the region.

Related Posts