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Business 03 Dec 2020 | 7:00 AM

Tata near deal to buy Alibaba-backed Indian grocer

MUMBAI: India’s Tata Group is in advanced talks to buy as much as 80% of BigBasket in a deal that is likely to value the local online grocer backed by Alibaba Group Holding Ltd at about US$1.6bil, a person familiar with the matter said.

World 01 Dec 2020 | 6:21 AM

U.S.-listed Chinese firms trade lower

NEW YORK, Nov. 30 (Xinhua) -- U.S.-listed Chinese companies traded roughly lower on Monday, with all the top 10 stocks by weight in the S&P U.S. Listed China 50 index ending the day on a downbeat note.

Metro News 01 Dec 2020 | 7:00 AM

Cutting-edge technology fuels 11.11 shopping festival

ALIBABA Cloud, the digital technology and intelligence backbone of Alibaba Group, revealed the cutting-edge technologies rolled out in support of this year’s 11.11 Global Shopping Festival.