Alibaba said the new investment will increase its stake in Lazada from 51 percent to 83 percent.
The British supermarket chain said a computer glitch had disrupted services nationwide.
Bourses in Europe were lower Monday as investors took a cautious approach as they came to terms with a hung parliament in the U.K. and awaited a meeting of the Federal Reserve later this week.
Tesco has announced a commitment to 100 percent renewable electricity by the year 2030.
Tesco, Britain's biggest retailer, beat forecasts for full-year profit, showing its recovery is picking up pace and potentially giving a boost to its stuttering campaign to win investor backing for a takeover of wholesaler Booker.
Tesco CFO Alan Stewart breaks down the key details from the retailer’s earnings release and its progress going forward.
Tesco CFO Alan Stewart says the British grocer will work with suppliers as Brexit negotiations evolve.
Tesco CFO Alan Stewart explains to CNBC how the Booker merger gives the U.K. grocer a "growth opportunity".
Tesco CFO Alan Stewart comments on its relationship with suppliers, the interest rate environment and the U.K. grocer's strategic plans.
Ewen Cameron Watt, senior director at Blackrock, talks about Tesco's performance after the U.K. retailer published earnings, which beat forecasts when it came to full-year profit.
Tesco CFO Alan Stewart comments on the recent shock departure of its senior independent director Richard Cousins, with added comment on the pricing environment.
John Allan said women and people from an ethnic background were in an "extremely propitious period" when it came to getting top jobs.
Wal-Mart Stores is running a price-comparison test in at least 1,200 U.S. stores in a bid to close a pricing gap with its rivals.
Berkshire Hathaway's Warren Buffett follows one simple rule of investing, but he violates it in ways investors may not understand.
Some U.K. supermarkets are rationing the amount vegetables that customers can buy following a poor harvest in southern Europe.
Britain's biggest supermarket Tesco said it would buy the country's largest cash and carry wholesale supplier Booker.
Lloyds Banking Group is working with law enforcement agencies to trace who may be behind a recent cyber attack.
Chris Hayward, consumer specialist at Kantar Worldpanel, takes a look at the performance U.K. retail companies have had recently, with comment on consumer trends.
Europe shares closed slightly higher on Tuesday afternoon as investors reacted to fresh data from China and volatility in currency markets.
British retailers might have promised not to increase prices, but analysts have told CNBC that such guarantees are unsustainable.