Alibaba later increased its stake

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The company experienced significant growth in terms of both customer base and revenue. By leveraging its strong brand presence, extensive product assortment, and efficient logistics infrastructure, Lazada established itself as a trusted and preferred online shopping destination in Southeast Asia. In 2020, Lazada faced the unprecedented challenge of the COVID-19 pandemic. However, the company swiftly adapted to the rapidly changing landscape by implementing safety measures, expanding its delivery capabilities, and partnering with local businesses to ensure the continued availability of essential products. Today, Lazada continues to evolve and innovate, embracing new technologies such as artificial intelligence and data analytics to streamline operations and personalize the customer experience further.


The company remains committed to empowering businesses, both big and small, by wholesale supplier email database providing a platform to connect with millions of customers in the region. Who Owns Lazada Lazada, a leading e-commerce platform, was founded by Rocket Internet in 2012. However, in 2016, Alibaba Group acquired a 51% stake in Lazada, which increased to 83% in 2017. Alibaba owns a significant majority stake in the company, with Lazada operating as a subsidiary under Alibaba’s umbrella. Jack Ma, the co-founder and former executive chairman of Alibaba, played a pivotal role in acquiring Lazada.


Under Alibaba’s leadership, Lazada has witnessed remarkable growth in the Southeast Asian market. The company operates in six countries: Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam. Despite being owned by Alibaba, Lazada operates autonomously and retains its distinct brand identity. The acquisition has allowed Lazada to leverage Alibaba’s technology, logistics, and e-commerce expertise to enhance its services further and expand its market reach. Lazada has also received investments from other companies and venture capital firms, recognizing its potential in the fast-growing e-commerce market. These investments have fuelled Lazada’s expansion and driven its continued success.