In its last earnings call, Reliance Retail announced that it is in the process of launching new private label brands and wants to scale up the existing ones
Global Online Grocery Market Report, Industry Overview, Growth Rate and Forecast 2026 the global online grocery market expected to grow at a CAGR of around 25% during 2021-2026
BriefingWire.com, 5/11/2021 - According to the latest report by IMARC Group,, titled â Online Grocery Market Growth : Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026â Online grocery is the purchasing and selling of fresh and packaged grocery items through mobile apps or e-commerce websites. It includes a wide variety of products, including fresh fruits and vegetables, dairy, cereals, drinks, snacks, seafood, meat, and other cooking essentials. The online grocery portals enable the consumer to choose from flexible payment options, access various products, select delivery slots, and track the delivery process. As a result, online grocery shopping has gained immense traction, particularly among the urbanized and millenn
Global Medium Voltage Cables Market to be Driven by Rapid Urbanization in the Forecast Period of 2021-2026 texasguardian.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from texasguardian.com Daily Mail and Mail on Sunday newspapers.
Tata Group eyes 60% stake in BigBasket; set to pump in $250 million initially
Majority stake in BigBasket for Tata means full exit of biggest backers of BigBasket, including Chinese e-comm giant Alibaba and equity firm Abraaj group. Both collectively hold about 46 per cent stake in BigBasket. Once deal is signed, it could value BigBasket at about $1.6 billion
BusinessToday.In | January 20, 2021 | Updated 09:02 IST
The formal decision regarding the deal could be announced very soon
The Tata Group is all set to pump in about $200-250 million in online grocery platform BigBasket as part of its larger deal to acquire a majority stake in the start-up. Talks have been going on for months and have reached the final stage now. In total, Tatas could shell out about $1.3 billion in primary and secondary share sale to BigBasket. It may be eyeing around 60 per cent stake in India s largest e-grocery company.