Alibaba Group
TMT
China's Antfin sells nearly half its stake in Zomato for $570 mn
Alibaba Group's Antfin Singapore sold shares worth 47.72 billion rupees ($570 million) in India's Zomato on Tuesday, cutting its stake ......
TMT
China's Antfin pulls out over $340 mn more from Zomato
China's Antfin, part of Jack Ma-founded Ant Group and an affiliate of Alibaba Group, has trimmed its stake in Zomato ......
Infrastructure
Khazanah-backed Xpressbees snaps up Trackon
BusyBees Logistics Solutions Pvt. Ltd, which runs logistics services startup Xpressbees, said on Monday that it has acquired logistics company ......
Finance
Markets fall on slowdown jitters, Adani group uncertainty
Markets declined on Friday, tracking a slide in global equities on fears that monetary policy tightening would slow down economic ......
Finance
Alibaba sells Paytm stake worth $125 mn via block deal
China's Alibaba Group sold a 3.1% stake in digital payments firm Paytm for a total of $125 million through a ......
General
Grapevine: PTC India likely to sell two units; Amazon may not buy into Reliance Retail
PTC India, the nation’s top power trading company, has put two of its non-core businesses on the block -- lender ......
Finance
Vertex Ventures raises $290 mn fund for India, Southeast Asia bets
Singapore-based Vertex Venture Holdings, the first main backer of Southeast Asia’s ride-hailing giant Grab, has added a new $290 million ......
People
Alibaba set for 'big challenge' as chairman Jack Ma steps down
Alibaba Group chairman Jack Ma will step down from the Chinese firm on Tuesday, leaving his handpicked successor a daunting ......
General
Grapevine: Amazon may buy into Reliance Retail; investors circle Apollo Hospital
Amazon is in exploratory talks with Reliance Retail to acquire up to 26% stake, two persons in the know told ......
TMT
eBay bets on Paytm Mall in renewed India push
US-based online retailer eBay Inc. is investing in Vijay Shekhar Sharma-led Paytm Mall to acquire a stake of about 5.5%, ......
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