Alibaba Stock Forecast: Alibaba’s Takeover Of Lazada Will Bear Fruit

motek 1The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology  – Senior Analyst at I Know First

Alibaba Stock Forecast

  • Alibaba’s $1 billion investment to take control of money-losing Lazada is turning out very well.
  • Lazada remains the top e-commerce site in Southeast Asia. Lazada’s site is the no.8 most-visited in the Philippines.
  • Lazada is using cheaper delivery service providers in the Philippines. This helps the company save money.
  • Alibaba is now introducing Alipay in Indonesia.
  • Lazada has also teamed-up with Citibank. Citi card holders in Southeast Asia can now get up to 15% discount on Lazada on select days.
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