https://www.cnbc.com/2018/03/19/alibaba-invests-addition-2-billion-dollars-in-e-commerce-firm-lazada.html

Chinese tech giant Alibaba said Monday it would invest an additional $2 billion in Southeast Asian online retailer Lazada as part of its continued push into the region.

Last year, Alibaba increased its stake in the Singapore-based firm from 51 percent to 83 percent with an additional billion-dollar investment. Alibaba acquired control of Lazada in 2016 with an initial $1 billion investment.