Technology

Alibaba to grow Southeast Asia e-commerce arm to $100 bil

Alibaba to grow Southeast Asia e-commerce arm to $100 bil

Alibaba has revealed an ambitious vision to grow its Southeast Asian e-commerce business to $100 billion in transacted sales as well as a pledge to reach carbon neutrality in its operations by 2030. China's largest e-commerce company unveiled its vision for its Southeast Asian e-commerce arm Lazada in presentation slides uploaded to its site for its annual Investor Day, where it typically shares revenue figures and future strategies of its business units with investors.

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