Flipkart Acquisition
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Flipkart in Talks to Buy Reliance-Backed Dunzo: Report
Walmart-backed Indian e-commerce firm Flipkart has held discussions over potentially acquiring the on-demand delivery platform Dunzo, TechCrunch reported on Tuesday, citing three people familiar with the matter.
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Flipkart Acquires Re-Commerce Firm Yaantra to Enhance After-Sale Offerings for Smartphone Customers
Flipkart Group announced the acquisition of Yaantra, an electronics re-commerce company, for an undisclosed amount as part of efforts to strengthen its re-commerce business and enhance after-sale offerings for its customers in the smartphones segment.
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Tata Digital Buys Majority Stake in BigBasket for Rs. 9,500 Crores to Rival Amazon, Flipkart
Tata Digital, a unit of Tata Sons, has acquired a majority stake in online grocery seller BigBasket, putting the Indian conglomerate in a direct race with e-commerce players Amazon, Walmart's Flipkart, and Reliance.
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Cleartrip Acquisition by Flipkart Met With Fond Farewells on Indian Twitter
Flipkart has announced the acquisition of online travel aggregator Cleartrip for an undisclosed amount. And Twitter has put up a befitting farewell to the original minds behind Cleartrip founded in 2006.
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Flipkart Acquires Cleartrip to Strengthen Its Online Presence
Flipkart on Thursday announced that it is acquiring online travel aggregator Cleartrip. The deal comes at a time when the travel and tourism sector is facing challenges due to the coronavirus pandemic.
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Flipkart To Acquire Leading Online Travel Company Cleartrip
The homegrown e-commerce marketplace will acquire 100 per cent of Cleartrips shareholding, as the company looks to raise investments, in order to strengthen its digital commerce offerings for customers.
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Reliance Retail Buys Urban Ladder for Rs 182 Crore. All You Need To Know
The acquisition would amplify Reliance's e-commerce presence in India to emerge as a potent competitor to current sector leaders such as Walmart Inc's Flipkart and Jeff Bezos's Amazon.
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Reliance Denies Plans to Sell $20-Billion Retail Arm Stake to Rival Amazon
Reliance denied a report Thursday that it was planning to sell a $20-billion stake in its retail business to US rival Amazon in a deal that could upend the country's hugely lucrative e-commerce sector.
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Flipkart To Acquire Walmart India's Wholesale Business
The announcement comes a week after Flipkart said that it had raised $1.2 billion in funding from a Walmart-led investor group.
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NCLAT Rejects CAIT Plea Against CCI Nod for Flipkart's Acquisition
The National Company Law Appellate Tribunal (NCLAT) on Thursday set aside traders' body CAIT's plea against the Competition Commission of India's (CCI) approval for Walmart's acquisition of e-commerce major Flipkart.
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Walmart Fires 56 India Executives Including 8 From Senior Management
Walmart has laid off 56 of its India executives as it restructures business in the country. Walmart is looking for ways to operate more efficiently, which requires it to review its corporate structure "to ensure that we are organized in the right way", said Krish Iyer, president and CEO of the US-based retail major's India unit. The fired executive...
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Flipkart Acquisition Continues to Hit Walmart’s Bottom Line
Flipkart acquisition once again negatively impacted Walmart International's operating income on Thursday which dropped to $600 million in the third quarter ending September from $1.2 billion a year-ago quarter.
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India's New E-Commerce Rules Could Hurt Trade, Walmart Told US
Last year, Walmart had invested $16 billion in e-commerce giant Flipkart, its biggest ever acquisition globally
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Walmart Got A $10 Billion (Happy) Surprise After Buying Flipkart
Walmart debated for months whether to keep funding the payments business internally or whether to separate the operation so it could raise outside funds.
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Flipkart in Talks to Buy Grocery Chain Namdhari's Fresh: Report
Namdhari's operates over 30 stores in the southern city of Bengaluru.
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Flipkart in Talks to Buy Reliance-Backed Dunzo: Report
Walmart-backed Indian e-commerce firm Flipkart has held discussions over potentially acquiring the on-demand delivery platform Dunzo, TechCrunch reported on Tuesday, citing three people familiar with the matter.
-
Flipkart Acquires Re-Commerce Firm Yaantra to Enhance After-Sale Offerings for Smartphone Customers
Flipkart Group announced the acquisition of Yaantra, an electronics re-commerce company, for an undisclosed amount as part of efforts to strengthen its re-commerce business and enhance after-sale offerings for its customers in the smartphones segment.
-
Tata Digital Buys Majority Stake in BigBasket for Rs. 9,500 Crores to Rival Amazon, Flipkart
Tata Digital, a unit of Tata Sons, has acquired a majority stake in online grocery seller BigBasket, putting the Indian conglomerate in a direct race with e-commerce players Amazon, Walmart's Flipkart, and Reliance.
-
Cleartrip Acquisition by Flipkart Met With Fond Farewells on Indian Twitter
Flipkart has announced the acquisition of online travel aggregator Cleartrip for an undisclosed amount. And Twitter has put up a befitting farewell to the original minds behind Cleartrip founded in 2006.
-
Flipkart Acquires Cleartrip to Strengthen Its Online Presence
Flipkart on Thursday announced that it is acquiring online travel aggregator Cleartrip. The deal comes at a time when the travel and tourism sector is facing challenges due to the coronavirus pandemic.
-
Flipkart To Acquire Leading Online Travel Company Cleartrip
The homegrown e-commerce marketplace will acquire 100 per cent of Cleartrips shareholding, as the company looks to raise investments, in order to strengthen its digital commerce offerings for customers.
-
Reliance Retail Buys Urban Ladder for Rs 182 Crore. All You Need To Know
The acquisition would amplify Reliance's e-commerce presence in India to emerge as a potent competitor to current sector leaders such as Walmart Inc's Flipkart and Jeff Bezos's Amazon.
-
Reliance Denies Plans to Sell $20-Billion Retail Arm Stake to Rival Amazon
Reliance denied a report Thursday that it was planning to sell a $20-billion stake in its retail business to US rival Amazon in a deal that could upend the country's hugely lucrative e-commerce sector.
-
Flipkart To Acquire Walmart India's Wholesale Business
The announcement comes a week after Flipkart said that it had raised $1.2 billion in funding from a Walmart-led investor group.
-
NCLAT Rejects CAIT Plea Against CCI Nod for Flipkart's Acquisition
The National Company Law Appellate Tribunal (NCLAT) on Thursday set aside traders' body CAIT's plea against the Competition Commission of India's (CCI) approval for Walmart's acquisition of e-commerce major Flipkart.
-
Walmart Fires 56 India Executives Including 8 From Senior Management
Walmart has laid off 56 of its India executives as it restructures business in the country. Walmart is looking for ways to operate more efficiently, which requires it to review its corporate structure "to ensure that we are organized in the right way", said Krish Iyer, president and CEO of the US-based retail major's India unit. The fired executive...
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Flipkart Acquisition Continues to Hit Walmart’s Bottom Line
Flipkart acquisition once again negatively impacted Walmart International's operating income on Thursday which dropped to $600 million in the third quarter ending September from $1.2 billion a year-ago quarter.
-
India's New E-Commerce Rules Could Hurt Trade, Walmart Told US
Last year, Walmart had invested $16 billion in e-commerce giant Flipkart, its biggest ever acquisition globally
-
Walmart Got A $10 Billion (Happy) Surprise After Buying Flipkart
Walmart debated for months whether to keep funding the payments business internally or whether to separate the operation so it could raise outside funds.
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Flipkart in Talks to Buy Grocery Chain Namdhari's Fresh: Report
Namdhari's operates over 30 stores in the southern city of Bengaluru.
