Nov 17, 2019-Sunday

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Sunday, Nov 17, 2019


May 09, 2018 14:41
Walmart will invest $2 billion in fresh capital into Flipkart, and buy the remaining stake from the company’s existing investors, thus valuing it around $18-$20 billion read more
May 02, 2018 14:01
Walmart will buy at least 55% of Flipkart in a deal that will value the company at $20-21 billion,sources said. Walmart will get a majority of its stake by purchasing shares from existing Flipkart investors at a discount to the $20-21 billion tag. read more
Apr 12, 2018 11:39
Walmart faces fewer regulatory hurdles because it has no online retail presence in the country now, while Amazon is the second-largest e-commerce player and Flipkart’s primary rival. read more
Apr 02, 2018 12:54
The venture will work on photovoltaic technology, which is used in solar panels. GCL will provide technology and SoftBank will assist is obtaining land and regulatory approvals. read more
Mar 28, 2018 20:41
The talks indicate that homegrown Ola will take over Uber India, reports PTI. read more
Mar 16, 2018 12:48
Walmart’s backing would fortify Flipkart’s position in the Indian online retail space, even as it faces its own challenge from Amazon. read more