Lazada expands Alibaba’s Taobao marketplace in Southeast Asia

SINGAPORE (Reuters) – Online retailer Lazada Group said it will sell select items from Alibaba Group Holding Ltd’s Taobao marketplace in three more countries in Southeast Asia, expanding the partnership between the two e-commerce firms.

China’s Leshi Internet plans to buy finance business from affiliate for 3 billion yuan

(Reuters) – The main listed unit of Chinese technology conglomerate LeEco said on Sunday that it plans to buy investment and financial service assets from an affiliate for up to 3 billion yuan ($455.24 million) as part of a restructuring exercise.

Britain’s Deliveroo raises $385 million for food fight

LONDON (Reuters) – British food delivery company Deliveroo has raised $385 million in private funding, it said on Sunday, as it prepares for expansion to help it compete with publicly traded rivals such as Delivery Hero and Just Eat.

Internet giants, once above the fray, on the defensive in Washington

WASHINGTON (Reuters) – Internet giants, including Alphabet’s Google and Facebook , are moving to compromise on several major policy issues as they adjust to an abrupt shift in the political winds in Washington.

UK food delivery firm Deliveroo raises $385 million for expansion

LONDON (Reuters) – British takeaway food delivery firm Deliveroo has raised $385 million in new funding, the firm said in a statement on Sunday which set out that the money would help establish operations in new areas of the country and overseas.

Amazon affiliate to buy $27.6 million stake in Indian retailer Shoppers Stop

MUMBAI (Reuters) – An affiliate of Inc has agreed to buy a 1.79 billion-rupee ($27.6 million) stake in Indian retailer Shoppers Stop Ltd, the Indian company said in a filing.

A celebrity listing crashes Japanese exchange’s party

TOKYO (Reuters) – On Japan’s newest exchange, fame can pay off. That may not be so great for investors though.

Uber ready to make concessions to reverse London license decision: paper

LONDON(Reuters) – U.S. taxi firm Uber is prepared to make concessions in order to reverse a decision by London authorities not to renew the company’s license in the city, a newspaper reported.