Alibaba to buy controlling stake in Lazada for about $1 billion

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Alibaba to buy controlling stake in Lazada for about $1 billion

Alibaba to buy controlling stake in Lazada for about $1 billion
(Reuters) - Chinese e-commerce giant Alibaba Group Holding Ltd said on Tuesday it agreed to buy a controlling stake in online retailer Lazada for about $1 billion to expand its platform into...

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