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Alibaba Is Taking On Alexa, Google Home, DingDong and Little Fish With New Smart Speaker

PYMNTS

When The Information broke Alibaba’s news Thursday, June 29, insiders had reported that the smart speaker could hit the Chinese market as early as this week. This week, it spent $1 billion to increase its stake in Lazada to 83 percent to get a foothold in the Southeast Asia eCommerce market. It is unlikely to reach the U.S.