date:Dec 10, 2013
The world's third-biggest retailer Tesco Plc has bought a small stake in Lazada, the Southeast Asian online retail company said on Monday.
Lazada, founded by German venture capital group Rocket Internet in early 2012, said it had secured about $250 million in funding from investors including the British grocer, Access Industries, Investment AB Kinnevik and Verlinvest.
Bloomberg reported that Tesco had invested tens of millions of pounds in the online marketplace, citing the British grocer's Mu