ValueWalk

About the Author ValueWalk

ValueWalk was started in January 2010, with a focus on value investing and value investors. As the site has grown, the scope has expanded. ValueWalk is now a news site covering all breaking financial news with an emphasis on value investing, hedge funds, large asset managers, Tech news, and general business news. The site contains archives of famous investors, and many investor resource pages. The site is famous among the value investing community as one of the best sites for evergreen and new content. ValueWalk has gained popularity among all circles for its breaking stories on hedge funds, and investigative reports on investments by major funds.

Alibaba Group Holding Ltd In Talks To Buy 25% Stake In Micromax (BABA)


Chinese e-commerce giant Alibaba Group Holding Ltd (NYSE:BABA) is close to making yet another major investment in the Indian market. Sources familiar with the matter told The Economic Times that Alibaba affiliate Ant Financial, which owns Alipay, is in advanced talks to acquire 25% stake in the Indian smartphone maker Micromax. The deal could be announced as early as June.

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