Alibaba plans to invest in Reliance, Tata and Future Retail
Billionaire Jack Ma-led Chinese conglomerate Alibaba is planning to invest in Indian companies including Reliance Industries, Tata Group and Future Retail. Senior executives from Alibaba also reportedly held talks with the three companies in the recent months. Alibaba already holds stakes in homegrown startups including Paytm, Bigbasket, Zomato and TicketNew.