Skip to main content

Indian conglomerate Tata Group buys a majority stake in e-grocer Bigbasket; previous reports suggest that the deal is worth $1.31B for a stake of up to 64.2% (Reuters) https://ift.tt/34qBPm0

Reuters:
Indian conglomerate Tata Group buys a majority stake in e-grocer Bigbasket; previous reports suggest that the deal is worth $1.31B for a stake of up to 64.2%  —  Employees arrange tomatoes before weighing them at a Big Basket warehouse on the outskirts of Mumbai November 4, 2014.  Picture taken November 4.



Comments

Popular posts from this blog

A look at Temu, Shein, Meituan, and other Chinese companies' expansion plans in Brazil, as they face slowing domestic demand and hurdles in the US and Europe (Meaghan Tobin/New York Times) https://ift.tt/F1qzQUR

Meaghan Tobin / New York Times : A look at Temu, Shein, Meituan, and other Chinese companies' expansion plans in Brazil, as they face slowing domestic demand and hurdles in the US and Europe   —  Confronted with tariffs and scrutiny in the United States and Europe, Chinese consumer brands are betting that they can become household names …

Miami-based Pelico, which offers a supply chain orchestration platform, raised a $40M Series B led by General Catalyst, bringing its total funding to $72M (Colin Campbell/Axios) https://ift.tt/kfjRq7o

Colin Campbell / Axios : Miami-based Pelico, which offers a supply chain orchestration platform, raised a $40M Series B led by General Catalyst, bringing its total funding to $72M   —  Supply chain orchestration platform Pelico raised $40 million in strategic financing led by General Catalyst, co-founder Tarik Benabdallah tells Axios Pro.

Tesla's robotaxi service will launch in Austin with just ~10 cars that are geofenced to avoid complex intersections and monitored by backup teleoperators (Richard Waters/Financial Times) https://ift.tt/4Pt6rf8

Richard Waters / Financial Times : Tesla's robotaxi service will launch in Austin with just ~10 cars that are geofenced to avoid complex intersections and monitored by backup teleoperators   —  Autonomous ride-hailing service to make tentative debut in Austin, Texas, with only about 10 cars  —  For Elon Musk, tech's great showman …