ASIA

Alibaba Increases Stake in E-commerce Platform Lazada

July 1, 2017 admin 0

Hangzhou, China/Singapore Alibaba Group Holding Limited (NYSE: BABA) announced today that it will invest approximately USD1 billion to increase its stake in Lazada Group, the leading e-commerce platform in Southeast Asia, from 51% to approximately […]

Bahrain

Amazon to Acquire SOUQ.com

April 9, 2017 admin 0

DUBAI Amazon (AMZN) today announced that it has reached an agreement to acquire SOUQ.com, an e-commerce leader in the Middle East. Joining the Amazon family will enable SOUQ.com to continue growing while working with Amazon […]