Alibaba
TMT
Foodpanda India confirms acquisition of food-tech company Holachef
Foodpanda India, the online food delivery firm owned by cab hailing company Ola, has acquired shuttered food-tech startup Holachef for ......
General
Cube Highways mulls buying some IL&FS road projects
Singapore-based Cube Highways and Infrastructure Pte. Ltd, which owns and operates toll roads in India, is in initial discussions with ......
People
Alibaba CEO Daniel Zhang to replace Jack Ma as chairman in 2019
Jack Ma, the charismatic co-founder of China’s largest e-commerce firm Alibaba Group Holding Ltd, will step down as chairman in ......
General
Alibaba eyes stake in Reliance Retail; Amazon in talks to buy into More
Chinese e-commerce giant Alibaba Group Holding may pick up 50% stake in Reliance Retail Ltd for $5-6 billion (Rs 34,908-41,889 ......
General
Zomato in talks to raise $400 mn; Bloom wins bid for Delhi hotel
Online restaurant discovery and food delivery company Zomato Media Pvt. Ltd is in discussions with investors to raise $400 million, ......
General
Temasek eyes stake in Asia Healthcare; Ratan Tata may invest $150 mn in Ant Financial
Singapore state investor Temasek Holdings is in advanced discussions to pick up 30-35% stake in Asia Healthcare Holdings, a healthcare ......
TMT
Alibaba brings online movie ticketing platform TicketNew under Paytm
Digital payments major Paytm has announced the acquisition of Chennai-based Orbgen Technologies Pvt. Ltd, which runs online ticketing platform TicketNew.Both ......
TMT
Foxconn writes off additional $40 mn stake in Snapdeal
FIH Mobile Ltd, a subsidiary of Taipei-headquartered Foxconn Technology Group, has written down the remaining $40 million of its $200 ......
TMT
Swiggy seeks unicorn status, in talks to raise $250 mn
Online food delivery startup Swiggy is looking to raise $250 million, instead of $150-200 million it was considering earlier. The ......
TMT
Paytm Mall to raise $446 mn from SoftBank and Alibaba
Online e-commerce marketplace Paytm Mall, operated by Delhi-based Paytm E-commerce Private Limited, is set to raise Rs 2,892.5 crore (around ......