Big Bazaar, which has its presence in over 100 cities across the country, is planning to open 16 more stores to take the overall count to 300 over the next three quarters, a company official said
(Reuters) - Alibaba Group Holdings <9988.HK> said on Monday it will invest $3.6 billion to boost its stake in hypermarket operator Sun Art Retail Group Ltd <6808.HK>, gaining further ground in China's booming retail market.