U.S. retail giant Walmart has reportedly increased its stake in Indian e-commerce firm Flipkart by buying out hedge fund Tiger Global and venture capital firm Accel’s remaining stakes.…
U.S. retail giant Walmart has reportedly increased its stake in Indian e-commerce firm Flipkart by buying out hedge fund Tiger Global and venture capital firm Accel’s remaining stakes.…
Looking to take a majority stake of 51% in Flipkart, Walmart has completed a thorough due diligence process on the e-commerce firm Flipkart, as the US supermarket giant looks to take a controlling sta…
SoftBank has just announced its biggest investment in India: a whopping US$2.5 billion in Indian ecommerce company Flipkart.…
SoftBank Group is still in talks to invest in Flipkart – despite the collapse of discussions to fold a smaller rival into India’s largest e-commerce site – but it would do so through…
New Delhi: Running on its 3rd day, Flipkart said its Fashion Sale event has witnessed a 2x sale jump in the first 3 days of the total 9 day sale event. The ecommerce player said, it is confident about…
India’s e-commerce market, which is very much driven by mobile commerce, is growing fast and Amazon, which has been operating there for several years, is trying to stay ahead of that growth.…
Flipkart has cleared its biggest funding round to date, some $1.4 million, leading to the purchase of rival eBay’s Indian operations, as India’s largest e-commerce platform eyes Amazon’s market share …
Last month Flipkart promoted former Tiger Global Management executive Kalyan Krishnamurthy as the CEO of India’s largest online retailer…
Even as Indian e-commerce firms look at ways to plug freebies to keep their coffers running, a new survey says 54% of urban Indians won’t shop online if there are no discounts.…
India’s most valued internet companies like online retail marketplaces Flipkart and Snapdeal may have a ten-year wait ahead of them to transform into mega businesses, says the head of Google Ind…