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Showing 1 - 15 News out of 59

Flipkart to close eBay.in, sell refurbished goods via new platform

Flipkart had bought eBay India operations last year. The funding round of $1.4 billion in 2017 saw participants such as Microsoft, Tencent, and eBay where it invested

July 25, 2018  |  comments ( 0 )  | 

Walmart May Acquire Flipkart Stakes For $10-12 Bn

Walmart is looking to shell out about $10 billion to $12 billion for the stake that would value Flipkart at roughly $20 billion,

April 07, 2018  |  comments ( 0 )  | 

Amazon May Offer To Buy India's Flipkart: Report

Amazon held early exploratory talks to buy control of Indian rival Flipkart but a deal with Walmart is more likely.

April 04, 2018  |  comments ( 0 )  | 

Walmart in talks to buy 40% of Flipkart's Stakes

Walmart is looking at buying new and existing shares in Flipkart and due diligence is likely to begin as early as next week.

February 17, 2018  |  comments ( 0 )  | 

Pepperfry Appoints Abhimanyu Lal As CPO

Kesury has been associated with Pepperfry since its initial days and has been a key contributor towards building Pepperfry robust furniture portfolio.

January 18, 2018  |  comments ( 0 )  | 

PE investment records Jump of 55% to reach $24 Billion

The sector was led by Bain Capital's USD 1.04 billion investments in Axis Bank the largest ever single investment in the sector and Warburg Pincus USD 384 million pre-IPO

January 17, 2018  |  comments ( 0 )  | 

PhonePe And FreeCharge Join Hands To Allow Customer Access To PhonePe Merchants

FreeCharge customers will also be able to recharge and pay bills and shop at various offline and online stores that PhonePe has tied up with

January 10, 2018  |  comments ( 0 )  | 

eBay holds 5.4% ownership in flipkart

This follows the sale of their eBay India business to Flipkart for $211 million and a $514 million cash investment earlier this year

October 25, 2017  |  comments ( 0 )  | 

Flipkart launches 'Flipkart Global', enabling exports

As a part of the launch, all existing 25,000 retail export sellers on eBay India will migrate to Flipkart Global and start listing their products through the platform.

August 23, 2017  |  comments ( 0 )  | 

Softbank makes biggest investment in Flipkart!

Softbank Vision Fund invests in Flipkart to become one of the largest shareholders of the company

August 10, 2017  |  comments ( 0 )  | 

Flipkart completes eBay India merger

The deal was announced in April when the Flipkart group raised $1.4 billion from global technology majors eBay Tencent and Microsoft.

August 01, 2017  |  comments ( 0 )  | 

Amazon Q2 net profit down by 77%; remains committed to India

The Seattle-based company, which is locked in an intense battle with Flipkart in India, has been aggressively pumping in money across its units here, including

July 29, 2017  |  comments ( 0 )  | 

eBay to price match with major retailers on over 50000 items

eBay will guarantee that the roughly 50000 new products on its Deals site will be at least as cheap as identical items sold by Amazon, Wal-Mart Stores Inc, Target Corp

June 22, 2017  |  comments ( 0 )  | 

Flipkart to own and operate eBay's business in India

Flipkart will continue to operate eBay.in as an independent entity

June 16, 2017  |  comments ( 0 )  | 

CEO Krishnamurthy's to have more control as Flipkart COO steps down

Following Nitin Seth’s resignation, Ekart and corporate operations will now be also taken over by Krishnamurthy

May 31, 2017  |  comments ( 0 )  |