Editing Tesco (section)

==== Malaysia ====
[[File:Tesco_Extra_Desa_Tebrau.jpg|thumb|Tesco Extra in [[Johor Bahru]], [[Malaysia]], 2019]]
In December 2000, Tesco entered into a joint venture with trading conglomerate [[Sime Darby|Sime Darby Berhad]] to operate Tesco-branded Hypermarkets in Malaysia. Tesco would own 70% of the venture, while Sime Darby would own 30%.<ref>{{Cite web|url=https://www.just-food.com/news/uk-tesco-plc-re-joint-venture/|title=UK: Tesco PLC Re Joint Venture|date=15 December 2000}}</ref> The first hypermarket opened in May 2002 in [[Puchong]], [[Selangor]] with intentions to open 13 stores in five years.<ref>{{Cite web|url=https://www.upi.com/Business_News/2001/11/28/UK-Tesco-enters-Malaysia-market/76651006955657/|title=UK Tesco enters Malaysia market - UPI.com|website=UPI}}</ref> In December 2006, Tesco purchased the local operations of Dutch supermarket chain [[Makro]] for £80 million and rebranded them under the Tesco Extra name.<ref>{{Cite web|url=https://www.fruitnet.com/fresh-produce-journal/tesco-expands-in-malaysia/140321.article|title=Tesco expands in Malaysia|first=Emma|last=Twyning |date=2006-12-07 |website=Fruitnet}}</ref><ref>{{Cite news|title=Tesco says buys Makro Malaysia stores|url=https://www.reuters.com/article/makro-tesco-idUKKLR30735820061206|website=[[Reuters]]|date=20 January 2007 |access-date=20 January 2007}}</ref>

By 2012, Tesco Malaysia operated 49 stores that were branded under the Tesco and Tesco Extra names.<ref>{{cite web|title=Other Businesses|url=http://www.simedarby.com/Other_Businesses.aspx|publisher=Sime Darby|access-date=26 August 2012|author=Sime Darby|year=2011|url-status=dead|archive-url=https://web.archive.org/web/20120905033750/http://www.simedarby.com/Other_Businesses.aspx|archive-date=5 September 2012}}</ref> In April 2013, Tesco Malaysia launched the Grocery Home Shopping Service, where it delivered groceries ordered via the Internet to consumers, with no minimum purchase imposed.<ref>{{cite web|url=http://www.btimes.com.my/Current_News/BTIMES/articles/tesko/Article/|title=Tesco sees good returns from online service|work=New Straits Times|access-date=3 April 2013|archive-date=5 April 2013|archive-url=https://web.archive.org/web/20130405014138/http://www.btimes.com.my/Current_News/BTIMES/articles/tesko/Article|url-status=live}}</ref> In February 2015, Tesco Malaysia expanded to the convenience store market and opened up their first Tesco Ekspres store.<ref name="Tesco Pernama">{{cite news|url=http://minimeinsights.blogspot.my/2016/04/slowdown-in-tesco-stores-malaysia.html|title=Mini Me Insights: Slowdown in Tesco Stores (Malaysia) revenue, focusing on two growth drivers|date=17 April 2016|work=Mini Me Insights|access-date=13 June 2016|archive-url=https://web.archive.org/web/20160807200527/http://minimeinsights.blogspot.my/2016/04/slowdown-in-tesco-stores-malaysia.html|archive-date=7 August 2016|url-status=dead}}</ref>

In March 2020, Tesco announced that they would sell Tesco Malaysia to the Thailand-based [[Charoen Pokphand|Charoen Pokphand Group]] for US$10.6bn, including debt; in a deal that also included the Thailand operations.<ref name="financierworldwide.com">{{Cite web|url=https://www.financierworldwide.com/fw-news/2020/3/10/tesco-sells-malaysian-and-thai-assets-to-charoen-for-106bn|title=Tesco sells Malaysian and Thai assets to Charoen for $10.6bn|website=Financier Worldwide|date=10 March 2020|language=en-US|access-date=3 April 2020|archive-date=22 January 2021|archive-url=https://web.archive.org/web/20210122185355/https://www.financierworldwide.com/fw-news/2020/3/10/tesco-sells-malaysian-and-thai-assets-to-charoen-for-106bn|url-status=live}}</ref> In April, Sime Darby agreed to sell their 30% stake in Tesco Malaysia to Charoen Pokphand and Tesco for RM300 million.<ref>{{Cite web|url=https://www.nst.com.my/business/2020/04/586651/sime-darby-sells-tesco-rm300m|title=Sime Darby sells Tesco for RM300m &#124; New Straits Times|date=22 April 2020|website=NST Online}}</ref> After the deals closed, the chain was rebranded as [[Lotus's]].<ref name="therakyatpost.com">{{Cite web|title=Lotus's Officially Takes Over Tesco Stores Today, All You Need To Know – TRP|url=https://www.therakyatpost.com/news/malaysia/2021/03/31/lotuss-officially-takes-over-tesco-stores-today-all-you-need-to-know/|access-date=2 April 2021|website=therakyatpost.com|date=31 March 2021 |archive-date=31 March 2021|archive-url=https://web.archive.org/web/20210331103930/https://www.therakyatpost.com/2021/03/31/lotuss-officially-takes-over-tesco-stores-today-all-you-need-to-know/amp/|url-status=live}}</ref>