Ecosystem Roundup: The Edgeof acquires SoftBank Ventures Asia | Alibaba invests US$353M in Lazada

The gist: Alibaba pumps US$353M into Lazada More details: The move comes after Alibaba announced plans to break up its operations into separate business units; This will involve Lazada falling under the e-commerce giant’s Global Digital Business Group, which also includes AliExpress, Trendyol, and Daraz. The gist: Taizo Son’s new VC firm The Edgeof acquires […] The post Ecosystem Roundup: The Edgeof acquires SoftBank Ventures Asia | Alibaba invests US$353M in Lazada appeared first on e27.