DUBAI / WAM Dubai Land Department (DLD) has announced the launch of Phase II of …
Read More »Alibaba to invest $200mn in Indian online grocer Bigbasket
Bloomberg Alibaba Group Holding Ltd., China’s e-commerce giant, plans to invest about $200 million in India’s largest online supermarket, Bigbasket, leading a $280 million funding round in the startup, according to people familiar with the negotiations. Alibaba is taking a stake of about 25 percent in Bigbasket after months of negotiations, said the people, asking not to be identified because …
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