Alibaba targets Southeast Asia with giant $1 billion acquisition

JOC International Logistics

Alibaba targets Southeast Asia with giant $1 billion acquisition

| Apr 12, 2016 10:42PM EDT
China’s Alibaba Group has continued its expansion into the lucrative and largely untapped Southeast Asian e-commerce market, acquiring a controlling stake in the region’s largest online retailer Lazada Group for $1 billion.
International Logistics

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