INDIA – BigBasket, an Alibaba-backed online grocer in India has merged two core business, the on-demand 90-minute delivery and planned next-day orders as it seeks increase efficiencies in its business. The Bengaluru-based grocery said that […]
INDIA – Alibaba Group Holding Ltd led a $300 million investment into India’s biggest online grocer Bigbasket, signalling that the region’s segment is firing up. Hari Menon, Bigbasket’s co-founder and chief executive officer, said the […]
SOUTH AFRICA – Rhodes Food Group, maker of canned fruit and ready meals, said on Monday it would buy the business assets of food manufacturer Alibaba for R42m.