Company Earnings UpdateAlibaba (BABA) Steps Up Global Expansion Strategy by Raising its Stake in Lazada Coresight Research June 30, 2016 Executive Summary Alibaba announced that it will pay almost $1 billion to increase its stake in leading Southeast Asia e-commerce platform Lazada to 83% from 51%. We view the investment as an inevitable move to reinforce the group’s global expansion strategy and believe it fits well with Alibaba’s phased-in acquisition approach. We expect Alibaba to continue to generate synergies by integrating Lazada into its international retail commerce ecosystem and further expand its global market share. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: High-Income Consumers’ Financial Sentiment Reaches New Peak; Facebook Slumps in Social Commerce: US Consumer Survey InsightsWeekly UK Store Openings and Closures Tracker 2025, Week 49: Claire’s Closes 150 Stores; Oliver Bonas To Open 20 StoresAnalyst Corner: Why India Retail is Primed for a Blockbuster Festive-Sale Season, with Manik BhatiaInnovator Profile: Lumi AI—Uncovering Hidden Value with Automated Data Intelligence