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Alibaba’s $1B investment came just in time for cash-strapped Lazada
#HTE
It’s hard to call a billion dollar exit from an emerging market anything more than a major win, but Lazada, the Rocket Internet-backed e-commerce firm in Southeast Asia, nearly ran out of money before Alibaba swooped in with a $1 billion investment announced yesterday. Read More
http://techcrunch.com/2016/04/13/alizada/?ncid=rss
It’s hard to call a billion dollar exit from an emerging market anything more than a major win, but Lazada, the Rocket Internet-backed e-commerce firm in Southeast Asia, nearly ran out of money before Alibaba swooped in with a $1 billion investment announced yesterday. Read Morehttp://techcrunch.com/2016/04/13/alizada/?ncid=rss