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October 28, 2016 11:45 am GMT
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
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/qKy6_s6q-nM/
Alibaba-backed Lazada in talks to buy Southeast Asia grocery delivery startup Redmart
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 MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/qKy6_s6q-nM/
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