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Flipkart Discontinues Jabong Operations To Focus On Myntra
Flipkart has discontinued operations of Jabong entity to primarily put its focus on premium online marketplace Myntra. In 2016, Walmart owned Flipkart acquired Jabong in an all cash deal of $70 million. Nevertheless, since then the company is unable to decide ...
Flipkart To Shut Down eBay.in In August: Report
As per a leading dailies report, Flipkart said it will wind up the operations of e-Bay.in, which is amongst the oldest e-commerce sites in the country. The report suggests that Flipkart is close on the heels to start a new online ...
Walmart Seeks CCI’s Approval For Flipkart Acquisition
Walmart, the global retail giant has approached the Competitive Commission of India (CCI), to secure the governing body's approval for its proposed acquisition of a major stake in the domestic e-commerce major Flipkart. Walmart states that the deal does not ...
Walmart Seeks Cci S Approval Flipkart Acquisition
Walmart to Open 50 New Stores in India
Walmart today said that it will grow its wholesale cash-and carry-business in India by adding 50 new stores in the next 4 to 5 years. This comes a day after it announced its $16 billion investment in Indian e-commerce retailer Flipkart. ...
Walmart Acquires 77% Stake In Flipkart For $16 Billion
Walmart Inc. announced in a media statement that it has acquired 77 percent stake in India's largest online retailer Flipkart for $16 billion in the world's biggest e-commerce deal. The remaining will be held by Flipkart's existing shareholders that include co-founder Binny Bansal, ...
Amazon Infuses Rs. 2600 Crore Into Its India Business
US e-retailer major Amazon has pumped fresh capital of Rs. 2600 crore into its India business for supporting its war-chest against local e-marketplace Flipkart. As per the filings with the Corporate Affairs Ministry, Amazon Corporate Holdings and Amazon.Com.Incs have together ...
Us E Retailer Amazon Infuses Rs 2600 Crore Into Its India Business
Wal-Mart jumps into the money transfer biz
Wal-Mart is offering another incentive to its customers to spend more time at its stores. The world's largest retailer introduced a new money transfer service yesterday that it says will cut fees by up to 50 per cent compared with similar ...
Wal Mart Jumps Into The Money Transfer Biz
Tata India's most valuable brand; Apple on top globally
London: Diversified conglomerate Tata group was Tuesday declared India's most valuable brand with a value of USD 21.1 billion, while US-based technology giant Apple has retained its top position globally with about USD 105 billion. According to a list released ...
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