https://finance.yahoo.com/news/alibaba-invest-additional-2-billion-033820196.html

Alibaba's stake will increase to an undisclosed size following the latest investment, a spokeswoman told Reuters. It held an 83 percent stake prior to the investment, which now totals $4 billion after a $2 billion infusion over the past two years.

"The investment underscores Alibaba's confidence in the future success of Lazada's business and the growth prospect of the Southeast Asian market, a region that is a key part of Alibaba's global growth strategy," Alibaba said in a statement.