Tesco Thrives On Being Last International Standing

Samsung Tesco, the South Korean subsidiary of UK grocery behemoth Tesco, is to invest US$100mn in the establishment of a logistics hub in the centre of the country. The investment will facilitate Tesco's expansion in South Korea and ensure that its long-term investment war chest of almost US$4bn is best spent to enable the company to grab a larger slice of this US$54bn grocery retail

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