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Chinese e-commerce giant will pump in US$1 billion to increase its shares in Lazada to 83 percent, as it looks to expand its footprint across "relatively untapped" Southeast Asian e-commerce markets.
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from Elian Hinson's Faves RSS Feed http://www.zdnet.com/article/alibaba-ups-lazada-stake-with-1b-investment/#ftag=RSSbaffb68
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