Alibaba is poised to buy over a third of online grocer BigBasket, according to three people directly aware of the impending deal, for about $300 million…READ MORE
KEEP READINGThe deal, if it goes through, will be part of Alibaba and Alipay’s global play as Zomato has a strong presence in Southeast Asia and Middle East as well…READ MORE
KEEP READINGUsing Alibaba’s AI and data technologies, Tao Café invited customers to shop at the offline store without having to wait in queues to pay for drinks or food…READ MORE
KEEP READINGChinese ecommerce giant Alibaba has joined investee firm Paytm Mall in the talks to pick up a stake in BigBasket, according a person familiar with the developments. Separately, India’s largest online grocer is holding fundraising talks with Singapore’s sovereign wealth fund Temasek Holdings and China’s Fosun Group as well, another person said…READ MORE
KEEP READINGPepsiCo, Inc. has signed an agreement with Alibaba Group, an on-line and mobile commerce company, to sell products in China…READ MORE
KEEP READINGTata Global Beverages has entered a tie-up with Alibaba Group Holding to sell Tetley tea bags through the latter’s TMall online retail channel…READ MORE
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