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Qishin Tariq · · 1 min read

Alibaba pumps $912.5m into Lazada

Lazada is an online shopping and selling major offering a wide range of products from beauty, fashion, consumer electronics to household goods, toys, sports equipment, and groceries. The company is headquartered in Singapore.

Funding details

  • Funding amount: US$912,500,000
  • Lead investors: Alibaba Group (阿里巴巴集团)
  • Stage: Late Stage
  • Valuation: US$1,250,000,000
  • Source

More details

Lazada has raised almost US$6 billion in total funding.

Stage Amount (US$) Investors
Seed Undisclosed JP Morgan Chase & Co.
Series A $40,000,000 Kinnevik
Series B $26,000,000 Summit Partners
Series C Undisclosed Tengelmann Ventures
Series D $100,000,000 Summit Partners, Tengelmann Ventures, Kinnevik, HV Holtzbrinck Ventures
Series E $250,000,000 Tesco, Access Industries, Verlinvest, Kinnevik
M&A $1,000,000,000 Alibaba Group (阿里巴巴集团)
Late Stage $3,628,000,000 Temasek Holdings, Verlinvest, Rocket Internet, Kinnevik, Alibaba Group (阿里巴巴集团), Alibaba Group (阿里巴巴集团), Alibaba Group (阿里巴巴集团)
Late Stage $912,500,000 Alibaba Group (阿里巴巴集团)

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TIA Writer

Qishin Tariq

Writes on developments on the regions' startups, focussing on funding, and trends related in fintech and ecommerce verticals.