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Alibaba all set to put US $300 million in BigBasket

December 7, 2017 |by indiafood forum | Comments Off on Alibaba all set to put US $300 million in BigBasket | FOOD & GROCERY | ,

Alibaba all set to put US $300 million in BigBasket

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

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Zomato in talks to raise up to $200 mn from Alibaba, Alipay

September 5, 2017 |by indiafood forum | Comments Off on Zomato in talks to raise up to $200 mn from Alibaba, Alipay | FOOD SERVICE | , , ,

The 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

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Alibaba demonstrates face recognition system at cashier-less concept café

July 25, 2017 |by indiafood forum | Comments Off on Alibaba demonstrates face recognition system at cashier-less concept café | FOOD SERVICE | , ,

Using 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

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Alibaba wants a stake in BigBasket

July 20, 2017 |by indiafood forum | Comments Off on Alibaba wants a stake in BigBasket | FOOD & GROCERY | ,

Chinese 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

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PepsiCo signs deal with Alibaba

May 12, 2017 |by indiafood forum | Comments Off on PepsiCo signs deal with Alibaba | FOOD & GROCERY | , ,

PepsiCo, Inc. has signed an agreement with Alibaba Group, an on-line and mobile commerce company, to sell products in China…READ MORE

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Tata ties up with Alibaba to take Tetley tea bags to China

March 30, 2017 |by indiafood forum | Comments Off on Tata ties up with Alibaba to take Tetley tea bags to China | FOOD & GROCERY | , , , ,

Tata 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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