It is learned on April 22 from Chuangye Bang (Entrepreneurship Circle) that recently, Alibaba Group announced that it has injected 353 million US dollars into its Southeast Asian e-commerce company Lazada. Counting the latest round of capital injection, Alibaba invested nearly US$2 billion in Lazada in less than a year.
According to the documents submitted by the Southeast Asian e-commerce giant Lazada to the Singapore Accounting and Corporate Regulatory Authority (ACRA) recently obtained by DealStreetAsia DATA VANTAGE, the Southeast Asian e-commerce giant Lazada has received another US$352.9 million capital injection from its parent company Alibaba.
It is reported that since the acquisition of Lazada in 2016, Alibaba has injected capital into Lazada many times. In 2017, Alibaba injected US$1 billion into Lazada, increasing its shareholding ratio from 51% to 83%. In 2018, it increased its holdings by US$2 billion again.
After four years, Alibaba increased its investment in Lazada in 2022. It made three capital injections in May, August and December, with amounts of US$378.25 million, US$912.5 million and US$342.5 million, totaling more than $1.6 billion. Counting the latest round of capital injection, in less than a year, Ali invested nearly US$2 billion in Lazada.
As one of the largest e-commerce companies in Asia, Lazada has a large number of users and sales, and is an important layout of Alibaba in the Southeast Asian market. By injecting capital into Lazada, Alibaba can not only further consolidate its position in the Southeast Asian market, but also further expand its own market share.
It is understood that Alibaba will use the funds to promote the development of Lazada in Southeast Asia, including further digital transformation and broadening of the logistics network. In addition, Alibaba will also support Lazada to continuously improve its products and services to improve user experience and satisfaction.