Lazada receives another $342.5m capital infusion from Alibaba

Lazada receives another $342.5m capital infusion from Alibaba

Photo: Lazada

E-commerce major Lazada’s Southeast Asian entity has received another $342.5 million in capital infusion from its parent company Alibaba, according to recent filings with Accounting Corporate and Regulatory Authority (ACRA) accessed by DealStreetAsia DATA VANTAGE.