Lazada, a Southeast Asian e-commerce platform owned by Alibaba Group, held a cross-border e-commerce conference on Mar. 7, and announced a series of cross-border business strategy upgrade initiatives.
Daraz Group and its parent organization Rocket Internet SEÂ have both announced today that the Chinese e-commerce giant Alibaba Group has acquired Daraz. Alibaba Group acquired the entire share capital from Rocket Internet for an undisclosed amount, making Daraz Group an wholly owned subsidiary under Jack Ma’s empire.
