Friday Flashback: India's First Grocery Store Joins the Unicorn Club

Know what happened in the APAC region over the past week

Grow Your Business, Not Your Inbox

Stay informed and join our daily newsletter now!
Former Correspondent, Entrepreneur Asia Pacific
1 min read

Here's a series on the big developments that took place in the APAC region over the past one week.

  • Uber to acquire Careem. The San-Francisco based ride-hailing giant is buying its Middle East rival Careem for $3.1billion. It’s going to be the biggest ever tech deal in the region.
  • After the $150 million funding from Alibaba, India’s first online grocery story BigBasket turns unicorn after eight years of its launch, with $1billion or more valuation.
  • Chinese shoppers break all records with $41.5 trillion mobile payments last year, says a new study by People’s Bank of China.

 

Latest on Entrepreneur