Asian Online Marketplace Lazada Raises $250 Million, With Tesco PLC Investing 'Tens of Millions' of Pounds -Bloomberg
10 December 2013 - 10:56AM
Dow Jones News
Tesco PLC (TSCO.LN) has invested "tens of millions" of pounds in
Asian e-commerce company Lazada, Bloomberg News reported
Monday.
The investment is part of a $250 million funding round for
Lazada, a portfolio company of Rocket Internet GmbH, Bloomberg
reported.
Full story at
http://www.bloomberg.com/news/2013-12-09/tesco-acquires-stake-in-southeast-asia-online-retailer-lazada.html
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