Tata Digital Limited, a fully-owned subsidiary of Tata Sons, has acquired a majority stake in Supermarket Grocery Supplies Private Limited (BigBasket), an Indian online grocery store company, for an undisclosed price. Hari Menon – CEO of BigBasket said: “We are extremely excited about our future as a part of Tata group. As a part of […]
Retail acquisition news : Swedish retail company Clas Ohlson has agreed to buy a stake of 10% in MatHem i Sverige, the holdings company of MatHem, a Sweden-based online grocery store for SEK 221 million ($26.16 million) According to Clas Ohlson, MatHem is one of the top e-commerce operator and the largest online grocery store […]