Alibaba’s Southeast Asia arm Lazada hits 130M annual consumers – TechCrunch
Alibaba has always aspired to bring its e-commerce service to customers outside China. Its strategy is multi-thronged. The giant’s house-developed AliExpress has found success in Russia in recent years. In 2016, it bought Lazada, which came out of the Rocket Internet empire, and has helped the Southeast Asia-focused marketplace compete. Lazada grew 80% to hit…