Alibaba looks to expand Lazada to Europe: Sources

May 01, 2022 11:34 AM

SINGAPORE/SHANGHAI (REUTERS) – Alibaba Group plans to expand its South-east Asian arm, Lazada, to Europe, two sources familiar with the matter told Reuters, as the Chinese e-commerce company seeks further overseas growth amid slowing opportunities at home.

Source : https://www.straitstimes.com/business/companies-markets/alibaba-looks-to-expand-lazada-to-europe-sources