With its loyal customer base, numerous marketing channels and international reach, we believe Tesco is the perfect partner to bring WE7's music services to a wider audience.

ENGADGET: So, Tesco buys Peter Gabriel's WE7 music service for $16.7 million

If acquiring overseas companies to gain access to technology, marketing and distribution channels in international markets is such an attractive proposition, why has it taken so long for industrial firms in China to venture abroad?

FORBES: China's Coming M&A Boom