Alibaba’s Lazada Buys Singapore Web Grocer

Alibaba’s Lazada Buys Singapore Web Grocer

Lazada Group SA has agreed to buy Singaporean online grocer RedMart, in the latest expansion for Alibaba Group Holding Ltd. beyond its Chinese home turf. Lazada, which Alibaba took control of this year in its largest overseas acquisition to date, said RedMart will continue to operate independently but the pair will share technology and operational […]

Online grocer RedMart eyes at Asian market

Online grocer RedMart eyes at Asian market

Singapore-based online grocery organization RedMart is near raising a huge $100 million Series C round to grow its services crosswise over Asia. The new subsidizing is relied upon to shut in the following couple months. The organization was established in November 2011 to convey online and on-demand shopping to Singapore. To date, RedMart has raised […]