The transaction consists of an investment of approximately US$500 million in newly issued equity capital of Lazada and acquisition of shares from certain shareholders of Lazada.
http://www.investopedia.com/articles/investing/040716/alibaba-surpasses-walmart-worlds-top-retailer-baba-wmt.asp
http://www.themalaymailonline.com/tech-gadgets/article/lazada-claims-to-be-southeast-asias-no-1-e-commerce-player
http://www.india.com/business/alibaba-surges-ahead-of-walmart-as-worlds-largest-retailer-1097590/
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