SE Asia online retailer Lazada gets $250m in funding from Tesco, others
Rocket Internet’s Southeast Asian online shopping mall, Lazada, has raised a $250 million round of funding from Tesco, Access Industries, and return backers Investment AB Kinnevik and Verlinvest.
Launched in March 2012, Lazada operates in Indonesia, Malaysia, the Philippines, Thailand and Vietnam. It claims to be the region's leading online general merchandiser, offering consumer electronics, household...
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