Alibaba invests additional $2 billion in Southeast Asian e-commerce firm Lazada

Alibaba invests additional $2 billion in Southeast Asian e-commerce firm Lazada

Chinese tech giant Alibaba said Monday it would invest an additional $2 billion in Southeast Asian online retailer Lazada. Last year, Alibaba upped its stake in the Singapore-based firm from 51 percent to 83 percent. Including Monday's announcement, Alibaba will have ponied up a total of $4 billion to … social experiment by Livio Acerbo #greengroundit