Since 2016, Lazada is Alibaba Group's Southeast Asia flagship platform, powered by its cutting-edge technology infrastructure. Alibaba’s stake will increase to an undisclosed size following the latest investment, a spokeswoman told Reuters. LAZADA, created in 2012 (Singapore), has more than 72 sister brands and more than 2 758 competing brands. Reporting by Cate Cadell; Editing by Stephen Coates & Shri Navaratnam. Lazada Group is now the Southeast Asia flagship platform of Alibaba Group. Being a Popular brand online is assessed based on the evolution of worldwide Web searches over the last five years. Registration on or use of this site constitutes acceptance of our Terms of Service and Privacy Policy. With this collaboration, the two companies will provide support to emerging Southeast Asian brands in reaching and engaging more Chinese consumers, by leveraging Johnson & Johnson's market insights as well as offline distribution channels.
Company profile page for Lazada South East Asia Pte Ltd including stock price, company news, press releases, executives, board members, and contact information Compare the 5-year Web notoriety graph with the 5-year market price graph: These Alibaba Group brands are also all Top Listed Brands. View and compare HRG,lazada on Yahoo Finance. Indeed, with 640 million consumers, a growing middle class and deepening smartphone penetration, Southeast Asia is shaping up as a major battleground for technology giants. 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 …
Commerce Policy |
View real-time stock prices and stock quotes for a full financial overview. Alibaba Group Holding (HKG: 9988) Latest share price: HK$271.60 (US$35) Average 12-month target price: HK$304.28 (US$39) Estimated upside: 12%. Tags Lazada Group Seattle Japan. “If India was the first key battleground between U.S. and Chinese vertical-leaders, then Southeast Asia is surely the second,” said Lloyd. Alibaba operates in more than 200 countries and has more than 500 million people using its shopping apps every month, allowing Lazada to tap more of the e-commerce giant’s resources. In addition, its cloud business has invested heavily in building data center infrastructure in the region, facilitating the spread of its digital commerce and payments services. Stock quotes by finanzen.net. BEIJING/SINGAPORE (Reuters) - Alibaba Group Holding Ltd BABA.N 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.
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