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e-grocery Market is Going to Boom with Ahold Delhaize, ShopFoodEx, Walmart

e-grocery Market is Going to Boom with Ahold Delhaize, ShopFoodEx, Walmart
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e-grocery Market is Going to Boom with Ahold Delhaize, ShopFoodEx, Walmart

e-grocery Market is Going to Boom with Ahold Delhaize, ShopFoodEx, Walmart
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Tata Digital acquires majority stake in online grocery startup Bigbasket

Tata Digital acquires majority stake in online grocery startup Bigbasket
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Tatas deal to buy up to 64 3 pc stake in BigBasket gets CCI approval

Tatas deal to buy up to 64.3 pc stake in BigBasket gets CCI approval NEW DELHI, Apr 29: Competition Commission of India has approved Tatas’ proposal to acquire up to 64.3 per cent stake in BigBasket, a deal that will provide the diversified group a strong foothold in the fast-growing online grocery market. Under the deal, Tata Digital Ltd (TDL) will purchase up to 64.3 per cent of the total share capital of Supermarket Grocery Supplies Pvt Ltd (SGS) as well as SGS sole control over Innovative Retail Concepts Pvt Ltd. SGS is into B2B (business-to-business) sales through the portal business.Bigbasket.Com.

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CCI approves Tata Sons proposal to acquire up to a 64 3 per cent stake in BigBasket

Chinese retail giant Alibaba, which has a 29 per cent stake in BigBasket, will be offloading its entire stake to the Tatas through this deal

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