Alibaba in talks to pick 10-12% stake in Indian content startup Dailyhunt

Alibaba in talks to pick 10-12% stake in Indian content startup Dailyhunt

Virendra Gupta, founder and CEO of Dailyhunt. Photo: Livemint

China’s Alibaba group is in talks to buy a minority stake in Sequoia Capital-backed Dailyhunt, a news aggregator and e-bookstore, two people aware of the matter said.

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