Alibaba Group Announced That It Will Increase Its Leading E-Commerce Platform In Southeast Asia From 51% To 83%

Recently, the world clothing and shoe net has learned that Alibaba group has announced that it will increase its Lazada Group SpA, the leading e-commerce platform in Southeast Asia, which will cost $1 billion to increase its holdings from 51% to 83%.

The new deal means that Lazada is gaining.

After holding $1 billion last year, valuations surged 1 billion US dollars in the past year, while Alibaba's investment in Lazada has doubled to $2 billion, while Lazada's market value has reached US $3 billion 150 million.

At the same time, Italy / British luxury electric business Yoox Net-A-Porter Group SpA (YNAP.MI) (hereinafter referred to as YNAP) shares opened nearly 2% on Wednesday.

On Monday, there were rumors of YNAP and Alibaba trading rumors, but then four sources revealed that the news was rumor.

The above paction also means that Cai Chongxin, vice chairman of Alibaba group, has been honoured in the early days of the group's investment day. When Cai Chongxin expounded the group investment strategy in the investment day activities, he said that the Alibaba's M & a strategy was to hold some shares of a company to ensure its ability to integrate it comprehensively. He said, for example, first observe the management team of Lazada and how to cooperate with Alibaba, then consider the next step to make a comprehensive acquisition.

In the statement, Daniel Zhang Zhang Yong, the chief executive of the Alibaba group, said that

The electricity supplier is in an undeveloped state. While Lazada shows its best experience in Southeast Asia while displaying its product and service capabilities, Alibaba sees a very positive trend and will seize the opportunity through Lazada.

According to a notice released by Alibaba on Wednesday, the current retail market in Southeast Asia has only 3% of the online channel. According to the no fashion Chinese network data, the Chinese market is 1-5, the highest in 13.2% of the world's major economies.

Lazada CEO Maximilian Bittner said that the relationship with Alibaba is no longer excited. With the support of Alibaba, the company will continue to cooperate with sellers and brands to provide consumers with the best service.

Although the details of equity trading were not disclosed in the trading statement, Lazada shareholders, Rocket Internet SE RKET.DE (RKET.DE) and Swedish investment company Investment AB Kinnevik (KINVB.ST), both said they were handling the Lazada stake in their hands.

Last year, Alibaba acquired 51% stake in Lazada, including Rocket Internet and Kinnevik shares, and the Tesco supermarket PLC (TSCO.L) Tesco of the British supermarket chain also sold its handheld Lazada shares to Alibaba.

Lazada was founded in 2012 by Rocket Internet SE, and the most successful product of Rocket Internet is now the largest in Europe.

Zalando SE (ZAL.DE), but whether it is Zalando SE or Lazada, it was regarded as a cottage version of Amazon.com Inc. (NASDAQ:AMZN) Amazon.

Lazada is Singapore's headquarters and has local language website business in Indonesia, Malaysia, Thailand, Vietnam and Philippines. The group has established its own logistics platform and has also worked with the third party logistics company.

In the middle of this month, 618 years ago, Alibaba also issued a statement announcing the launch of the Tmall World business for 100 million overseas Chinese.

In the statement, Alibaba said that it will sell 120 million products currently sold to overseas Chinese through world.taobao.com, Taobao, Taobao APP and other PC and mobile procedures, while the Chinese gathering areas in Singapore, Malaysia, Taiwan and Hongkong will be a priority market for Tmall World, and will provide terminal, terminal services such as logistics, payment and localization.

At the same time, the group adds Tmall Supermarket Tmall supermarket business on the basis of existing services in Hongkong market.

Shoes and hat nets.