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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