Tech Company Financing Transactions
Lazada Group Funding Round
Lazada Group, operating out of Singapore, received $2 billion from Alibaba Group.
Transaction Overview
Company Name
Announced On
3/20/2018
Transaction Type
Venture Equity
Amount
$2,000,000,000
Round
Undisclosed
Investors
Alibaba Group (Michael Evans)
Proceeds Purpose
Alibaba's new funding in loss-making Lazada underlines an ambitious global push to secure a bigger share of the fast-growing multi-billion dollar e-commerce market.
Company Information
Company Status
Private & Independent
Industry
ECommerce
Mailing Address
8 Shenton Way AXA Tower Level 1 Visitor Center
Singapore, 068811
Singapore
Singapore, 068811
Singapore
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Operationally launched in March 2012, Lazada is Southeast Asia's number one online shopping and selling destination, with presence in Indonesia, Malaysia, Philippines, Singapore, Thailand and Vietnam. Lazada also has offices in Hong Kong, Korea, United Kingdom and Russia.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Lucy Peng
Chief Executive Officer
Pierre Poignant
Chief Financial Officer
Klemen Drole
Chief Marketing Officer
Mary Zhou
Chief Technical Officer
Dongbai Guo
President
Chun Li
VP - Customer Service
Brigitte Daubry
VP - Human Resources
Sophie Xue
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Where The Data Comes From
Our team works diligently to report on tech company VC transactions. VC investment data records reported here are sourced from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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