Tesco acquires small stake in Lazada
date:Dec 10, 2013
ltichannel Director Robin Terrell.

The company declined to provide more details.

Tesco said last week that it aimed to dominate a new multi-channel era - selling a range of goods from bread to clothing and banking products from its supermarkets and online, rather than slashing food prices to win market share from rivals such as Wal-Mart's Asda.

Lazada, which sells consumer electronics, household goods, toys and sports equipment in Indonesia, Malaysia, Thailand and Vietnam, raised $100 million
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