Wednesday, June 8, 2022

Alibaba, Lazada, Shopee, South East Asia and beyond!

"Not long after, in April 2016, Alibaba bought a 51% stake in Lazada, then followed up with an investment of USD 1 billion in June 2017 to raise its stake to 83%. At first, Lazada focused heavily on the Indonesian market.  Founder of Alibaba, Jack Ma is a Chinese Muslim.23 Mar 2021" ~powered by Google

"(Shopee) is a Singaporean multinational technology company which focuses mainly on e-commerce. Headquartered under Sea Ltd, Shopee was first launched in Singapore in 2015, and later expanded its reach abroad.  In year 2022, 1st June, Shopee is expanded to South America (Colombia, Chile, Argentina and Brazil at the moment), Mexico, Spain, Poland and South East Asia." ~powered by https://en.wikipedia.org/wiki/Shopee

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