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Wednesday, 2 December 2020

Tata Group nears deal to buy Alibaba-backed online grocer

Tata Group is in advanced talks to buy as much as 80% of BigBasket in a deal that is likely to value the local online grocer backed by Alibaba Group Holding Ltd at about $1.6 billion, a person familiar with the matter said.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/39wGkiy

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