Friday, March 29, 2019

BigBasket raises $150 mn from Mirae, Alibaba and CDC Group

BigBasket raises $150 mn from Mirae, Alibaba and CDC Group Bigbasket had raised USD 300 million in February last year from Alibaba and others. In November, it had said it was looking at raising fresh funds of up to USD 200 million.

from Moneycontrol Business News https://ift.tt/2YveTxX

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US equities end lower as valuation concerns creep in

U.S. stocks closed lower on Wednesday as investors took profits amid concerns about high valuations flagged by Fed Chair Powell. The market ...