Amazon nears BigBasket acquisition, 60-day exclusivity agreement signed for potential sale
Earlier this week, ET reported that Amazon India is planning to acquire online grocery service BigBasket. Now according to TOI, BigBasket has signed a 60-day exclusivity agreement for possible sale to Amazon. As per the agreement, the e-grocer cannot engage with another party for a potential sale. BigBasket, run by SuperMarket Grocery Supplies Pvt, is India’s largest … Continue reading "Amazon nears BigBasket acquisition, 60-day exclusivity agreement signed for potential sale"
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