Friday, 28 October 2016

Alibaba-owned Lazada in talks to buy Southeast Asia grocery delivery startup Redmart

redmart_delivery Lazada, under Alibaba’s stewardship, is in advanced talks with Redmart, a Singapore-based grocery delivery service, to make a major investment or acquire the company outright, three sources with knowledge of the deal told TechCrunch. Once a deal is agreed, it could be completed as early as next week, once source said. Read More
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