Alibaba's Investment in Lazada: an Ex-Employee's Perspective
The biggest news out of the tech world this morning was Chinese ecommerce giant Alibaba's one-billion USD investment in Lazada, from which the author made his exit about ten months ago . The deal saw both Rocket Internet, Lazada's original incubator, as well as Tesco, the British supermarket chain, cashing out half of their shares, in the process giving Alibaba almost complete control over the overall operations and future directions of what meant be termed Southeast Asia's largest ecommerce platform at the moment.