E88
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0.00% 65.0¢ ensogo limited

Alibaba to Invest $1 Billion in E-Commerce Startup Lazada, page-3

  1. ThoughtfulB
    202 Posts.
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    13/04/16
    08:48
    Post #: 17488551
    With all e-commerce in SE Asia, huge capital is required to grab market share. Ensogo is a pretty bad business but I don't doubt there are plenty of people willing to throw more money in. Ensogo will need stacks more capital to compete, I don't think VIP Shop will just give SE Asia to Alibaba without a fight. Going to.be interesting to watch.
    Last edited by ThoughtfulB: 13/04/16
    E88 Price at posting: $1.84 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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