Lazada wins $100 million investment to grow in SE Asia

06/19/2013 | Reuters

Online retailer Lazada has received an investment round of $100 million to continue building its business in Indonesia, Malaysia, the Philippines, Thailand and Vietnam, a region where consumers still do about 99% of their shopping offline. Germany's Rocket Internet Gmbh launched Lazada last year, making it one of several e-commerce sites operating in emerging global markets.

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