FILE PHOTO: A package for delivery is seen on a conveyor belt at online retailer Lazada’s warehouse in Depok, south of Jakarta, Indonesia, March 26, 2018. (Reuters)
SINGAPORE/SHANGHAI: Alibaba Group plans to expand its Southeast Asian arm, Lazada, to Europe, two sources familiar with the matter told Reuters, as the Chinese e-commerce company seeks further overseas growth amid slowing opportunities at home.
The move comes months after Alibaba’s logistics arm, Cainiao, opened a central hub for European sales in Belgium.
Alibaba is already present in Europe through its global e-commerce platform, AliExpress, which mainly targets consumers looking for such goods from Chinese manufacturers as smartphone accessories and…
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