Flipkart’s founder Sachin Bansal is all set to gamble 10% of his personal wealth on Ola. This is indeed big, because if this investment happens, then it will be the largest funding driven by a personal wealth of any individual. What…
Unconfirmed reports have started trickling in, indicating that the mega-deal of Indian e-commerce has been finalized. Walmart has agreed to pay whopping $16 billion to acquire 73% stake in Flipkart. Google’s parent company Alphabet has…
After the initial talks of Walmart investing in Flipkart were about to go off the table due to stake-distribution issues, the investor with the largest stake in Flipkart, SoftBank has finally agreed to negotiate with Walmart.
The Indian e-commerce space is becoming fiercely competitive day by day. and it is looking like intensifying further after reports came in that Walmart is in talks with Flipkart to acquire around 30-35 percent stake in the homegrown…
The recent numbers shared by Nasper show that India’s largest ecommerce platform Flipkart has registered a 43% growth in their gross merchandise value (GMV)
Swiggy currently holds the largest market share in the online ordering industry in India where it competes strongly with Zomato, it’s closest rival.
Tencent, which has diversified business, including gaming, smartphones, news & social media has just surpassed Facebook to become 5th most valuable company.
As per reports coming in, Ola has managed to raise massive $2 billion from a consortium of investors, which includes Softbank, Tencent and Ratan Tata.