Home / business / Tata Group Set to Acquire Majority Stake in BigBasket by Month-End, Alibaba May Exit

Tata Group Set to Acquire Majority Stake in BigBasket by Month-End, Alibaba May Exit

-
BigBasket’s valuation as on March this year was USD 1.23 billion and according to research platform Tofler, the company clocked revenues of Rs 5,200 crore and a loss of around Rs 920 crore. Industry watchers see the move as part of the Tata Group’s strategy to build a super app.

from Top Business News- News18.com
Read The Rest:timesnownews...
Tata Group Set to Acquire Majority Stake in BigBasket by Month-End, Alibaba May Exit Tata Group Set to Acquire Majority Stake in BigBasket by Month-End, Alibaba May Exit Reviewed by Team Exprssnews on November 24, 2020 Rating: 5

No comments:

Subscribe to: Post Comments ( Atom )
Powered by Blogger.