Alibaba denies talks to sell Lazada’s Thailand unit as it eyes continued global expansion
Southeast Asian online shopping giant Lazada Group has refuted a report that parent company Alibaba Group Holding is planning to sell its Thailand unit, as China’s largest e-commerce conglomerate eyes overseas expansion amid a domestic economic slowdown. “Lazada Group is not considering any divestment of our business in Thailand and is not in discussion with … Read more
