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AlibabaBuysTescosLazadaStakedoc.ppt
Alibaba Buys Tescos Lazada Stake /essay/2016/04/13/46080.html 周三三四节第七小组 News * Tesco has fired the starting gun on an expected sell-off of non-core assets, with the sale of some of its stake in Asian online business Lazada. The supermarket giant said its overseas division had sold 8.6% of its Lazada stake to Chinese internet giant Alibaba for 129m dollars (90.6m pounds). Last September, Tesco sold its South Korean business, Homeplus, for 4.2bn pounds to help shore up its balance sheet and revitalise its UK business. News * Mr Lewis was parachuted in after the supermarket reported it had over
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