About Tesco
Tesco is a company based in Welwyn Garden City (United Kingdom) founded in 1919.. The company has 336,430 employees as of February 28, 2024. Tesco has completed 6 acquisitions, including Blinkbox Music, Booker Group and Dunnhumby.
- Headquarter Welwyn Garden City, United Kingdom
- Employees 336430 as on 28 Feb, 2024
- Stage Public
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Tesco Plc
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Annual Revenue
$87.6 B (USD)2.54as on Feb 28, 2024
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Net Profit
$2.07 B (USD)38.11as on Feb 28, 2024
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EBITDA
$6.05 B (USD)8.47as on Feb 28, 2024
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Latest Funding Round
$5.27 K (USD), Grant
Jan 01, 2019
- Investors
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Employee Count
336430
as on Feb 28, 2024
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Investments & Acquisitions
Blinkbox Music
& 5 more
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IPO & Listings of Tesco
Tesco is a publicly listed company on the LSE with ticker symbol TSCO in UK, operating in the Retail trade sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
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Software Development Team
163 people
Product Management Team
112 people
Creative and Marketing Team
36 people
Leadership Team
29 people
Data Analysis and Operations Team
26 people
Operations Team
26 people
Finance and Accounting
24 people
Customer Team
24 people
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Funding Insights of Tesco
- Total Funding Total Funding
- Total Rounds 3
- Last Round Grant — $5,272
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First Round
First Round
(22 May 2009)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2019 | Amount | Grant - Tesco | Valuation |
investors |
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| Jul, 2010 | Amount | Post-IPO - Tesco | Valuation |
investors |
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| May, 2009 | Amount | Post-IPO - Tesco | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Tesco
Tesco has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Tesco
Tesco has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include Blinkbox Music, Booker Group and Dunnhumby. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Music is streamed and purchased via an online platform.
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2007 | ||||
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Digital book platform provider
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2007 | ||||
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Ad-supported music streaming and downloading platform is operated.
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2007 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Tesco
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Tesco Comparisons
Competitors of Tesco
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Tesco
Frequently Asked Questions about Tesco
When was Tesco founded?
Tesco was founded in 1919 and raised its 1st funding round 90 years after it was founded.
Where is Tesco located?
Tesco is headquartered in Welwyn Garden City, United Kingdom. It is registered at Welwyn Garden City, Hertfordshire, United Kingdom.
How many employees does Tesco have?
As of Feb 28, 2024, the latest employee count at Tesco is 336,430.
What is the annual revenue of Tesco?
Annual revenue of Tesco is $87.6B as on Feb 28, 2024.
What does Tesco do?
Tesco was founded in 1919 and is headquartered in Welwyn Garden City, United Kingdom. Operations are centered in the retail sector, where groceries and general merchandise are distributed through physical stores and online platforms. Services include everyday essentials, household goods, and clothing, primarily serving customers across the UK and select international markets. The domain tesco.com supports e-commerce activities for broader accessibility.
Is Tesco publicly traded?
Yes, Tesco is publicly traded on LSE under the ticker symbol TSCO.
How many acquisitions has Tesco made?
Tesco has made 6 acquisitions, including Blinkbox Music, Booker Group, and Dunnhumby.
Who are Tesco's investors?
Tesco has 1 investor. Key investors include European Union.
What is Tesco's ticker symbol?
The ticker symbol of Tesco is TSCO on LSE.