Alibaba said to be looking to expand SE Asian arm Lazada to Europe

REUTERS/Aly Song

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.

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