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Alibaba Nears Deal To Sell Entire Stake In Online Grocer BigBasket To Tata: Report
Wednesday, December 2, 2020 - 12:47am | 494Alibaba Group Holding Ltd (NYSE: BABA) is nearing a deal to sell its entire stake in Indian grocer BigBasket to the Tata Group, according to Indian daily The Mint. What Happened: The Tata Motors Ltd. ADR (NYSE: TTM) parent company is in advanced negotiations to buy up to 80...
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Another Alibaba-Backed Grocer Suffers Massive Data Breach
Monday, November 9, 2020 - 4:42am | 344In more trouble for the Chinese tech giant, Alibaba Group Holdings Ltd (NYSE: BABA)-backed Indian grocer BigBasket suffered a massive data breach affecting a million users, Bloomberg reports. The cyberattack comes a few weeks after another Alibaba-backed e-...