Alibaba to invest additional $2 billion in Lazada, replaces CEO
https://www.reuters.com/article/us-alibaba-lazada-funding/alibaba-to-invest-additional-2-billion-in-lazada-replaces-ceo-idUSKBN1GV09W
Alibaba Group Holding Ltd said it will invest an additional $2 billion in Southeast Asian e-commerce firm Lazada Group as part of the Chinese firm's push into new markets.