Alibaba looks to expand Lazada to Europe: Sources
SINGAPORE/SHANGHAI - Alibaba Group plans to expand its South-east Asian arm, Lazada, to Europe, two sources familiar with the matter told Reuters, as the Chinese e-commerce company seeks further overseas growth amid slowing opportunities at home. The move comes months after Alibaba's logistics arm, Cainiao, opened a central hub for European sales in Belgium. Alibaba is already present in Europe...