(May 10 09:30) e27.co
Lazada receives US$378M from parent Alibaba This is the largest capital injection since June 2020, when the company had received US$1.3B from Alibaba; Alibaba, which has a huge presence in SEA, is looking to expand into Europe; Alibaba already has AliExpress in Europe. Indonesian used-car platform Moladin raises US$95M Investors include DST Global, East Ventures, […]
The post Ecosystem Roundup: Alibaba injects US$378M into Lazada, Moladin raises US$95M appeared first on e27.
You can find the original article
here