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Alibaba's Lazada Group Gears Up for Europe Foray to Take on Amazon, Zalando
Alibaba's Lazada Group Gears Up for Europe Foray to Take on Amazon, Zalando
$Alibaba (BABA.US)$-owned Lazada Group is getting ready to enter Europe, after its success in Southeast Asia, to take on rivals such as $Amazon (AMZN.US)$ and $ZALANDO SE UNSP ADR EACH REPR 0.5 ORD (ZLNDY.US)$, reported Bloomberg.
Lazada Group was founded in 2012 and is a leading e-commerce platform in Southeast Asia. The company is present in six countries: Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam. Alibaba acquired a majority stake in Lazada in 2016.
European Dreams: Lazada Group CEO James Dong told Bloomberg that Europe is a very big market, and for most of the European brands, their largest retail partner is Alibaba Group because of their sales in China and in other markets. "We go where the brands want us to go," Dong said.
Dong took over Alibaba's most important international business unit in June after heading Lazada's Thailand and Vietnam operations, the report noted.
Why It Matters: Lazada's push in Europe would mark a revival in Alibaba's global ambitions, which have slowed in recent years in the wake of strong competition from Amazon and Tencent Holdings Ltd. (OTC: TCEHY)-backed Sea Ltd, the report said.
Investments: Lazada has been investing in businesses such as Indonesian digital wallet provider DANA, in which it infused a total of $304.5 million, as per the report. The company also led a 750 million ringgit ($168 million) financing in TNG Digital Sdn.
Lazada did not immediately respond to an email seeking comments.
$Alibaba (BABA.US)$-owned Lazada Group is getting ready to enter Europe, after its success in Southeast Asia, to take on rivals such as $Amazon (AMZN.US)$ and $ZALANDO SE UNSP ADR EACH REPR 0.5 ORD (ZLNDY.US)$, reported Bloomberg.
$阿里巴巴 (BABA.US)$-拥有Lazada集团在东南亚取得成功后,该公司正准备进军欧洲,与$亚马逊 (AMZN.US)$和$ZALANDO SE UNSP ADR EACH REPR 0.5 ORD (ZLNDY.US)$据彭博社报道。
Lazada Group was founded in 2012 and is a leading e-commerce platform in Southeast Asia. The company is present in six countries: Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam. Alibaba acquired a majority stake in Lazada in 2016.
Lazada集团成立于2012年,是东南亚领先的电子商务平台。该公司在六个国家开展业务:印度尼西亚、马来西亚、菲律宾、新加坡、泰国和越南。阿里巴巴-SW在2016年收购了Lazada的多数股权。
European Dreams: Lazada Group CEO James Dong told Bloomberg that Europe is a very big market, and for most of the European brands, their largest retail partner is Alibaba Group because of their sales in China and in other markets. "We go where the brands want us to go," Dong said.
欧洲梦:Lazada Group首席执行官詹姆士·董彭博社表示,欧洲是一个非常大的市场,对于大多数欧洲品牌来说,他们最大的零售合作伙伴是阿里巴巴-SW集团,因为他们在中国和其他市场的销售。董建华说:“品牌想让我们去哪里,我们就去哪里。”
Dong took over Alibaba's most important international business unit in June after heading Lazada's Thailand and Vietnam operations, the report noted.
报道指出,董建华在6月份接管了阿里巴巴-SW最重要的国际业务部门,此前他负责了Lazada的泰国和越南业务。
Why It Matters: Lazada's push in Europe would mark a revival in Alibaba's global ambitions, which have slowed in recent years in the wake of strong competition from Amazon and Tencent Holdings Ltd. (OTC: TCEHY)-backed Sea Ltd, the report said.
为什么这很重要:Lazada在欧洲的努力将标志着阿里巴巴-SW全球雄心的复苏,近年来,在来自亚马逊和亚马逊的强劲竞争之后,全球雄心有所放缓腾讯控股控股有限公司。(场外交易:TCEHY)-支持SEA有限公司报告说,这是一种特殊情况。
Investments: Lazada has been investing in businesses such as Indonesian digital wallet provider DANA, in which it infused a total of $304.5 million, as per the report. The company also led a 750 million ringgit ($168 million) financing in TNG Digital Sdn.
投资:Lazada一直在投资印尼数字钱包提供商Dana等业务,据报道,Lazada总共注入了3.045亿美元。该公司还牵头进行了7.5亿林吉特(1.68亿美元)的融资TNG数字股份有限公司
Lazada did not immediately respond to an email seeking comments.
Lazada没有立即回复寻求置评的电子邮件。
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moomoo是Moomoo Technologies Inc.公司提供的金融信息和交易应用程序。
在美国,moomoo上的投资产品和服务由Moomoo Financial Inc.提供,一家受美国证券交易委员会(SEC)监管的持牌主体。 Moomoo Financial Inc.是金融业监管局(FINRA)和证券投资者保护公司(SIPC)的成员。
在新加坡,moomoo上的投资产品和服务是通过Moomoo Financial Singapore Pte. Ltd.提供,该公司受新加坡金融管理局(MAS)监管(牌照号码︰CMS101000) ,持有资本市场服务牌照 (CMS) ,持有财务顾问豁免(Exempt Financial Adviser)资质。本内容未经新加坡金融管理局的审查。
在澳大利亚,moomoo上的金融产品和服务是通过Futu Securities (Australia) Ltd提供,该公司是受澳大利亚证券和投资委员会(ASIC)监管的澳大利亚金融服务许可机构(AFSL No. 224663)。请阅读并理解我们的《金融服务指南》、《条款与条件》、《隐私政策》和其他披露文件,这些文件可在我们的网站 https://www.moomoo.com/au中获取。
在加拿大,通过moomoo应用提供的仅限订单执行的券商服务由Moomoo Financial Canada Inc.提供,并受加拿大投资监管机构(CIRO)监管。
在马来西亚,moomoo上的投资产品和服务是通过Moomoo Securities Malaysia Sdn. Bhd. 提供,该公司受马来西亚证券监督委员会(SC)监管(牌照号码︰eCMSL/A0397/2024) ,持有资本市场服务牌照 (CMSL) 。本内容未经马来西亚证券监督委员会的审查。
Moomoo Technologies Inc., Moomoo Financial Inc., Moomoo Financial Singapore Pte. Ltd., Futu Securities (Australia) Ltd, Moomoo Financial Canada Inc.,和Moomoo Securities Malaysia Sdn. Bhd.是关联公司。
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