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Alibaba's Southeast Asia arm Lazada hits $130M annual consumers – TechCrunch

Alibaba has always aspired to bring its e-commerce service to customers outside China. Its strategy is multi-thronged. The giant’s house-developed AliExpress has found success in Russia in recent years. In 2016, it bought Lazada, which came out of the Rocket Internet empire, and has helped the Southeast Asia-focused marketplace compete. Lazada grew 80% to hit […]
Sea Group Rocket Internet Southeast Asia Focused Southeast Asia

Flink, the Berlin-based instant grocery startup, is now valued at $2.85B after raising $750M in a round led by DoorDash – TechCrunch

Instant grocery delivery continues to be a very frothy market, but today comes news of a major funding round for one player in it that investors believe will still be standing after the hype has died down. Flink, the Berlin-based startup that sells food and other essentials at supermarket prices and aims to deliver them […]
Julian Dames Oliver Merkel Lionel Souque Prabir Adarkar Amer Alaily Christoph Cordes

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