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2 mins read

Flipkart announces raising $1.4 billion from Tencent, eBay & Microsoft, and acquires eBay India

Flipkart announced the feat in a blog post. “This strategic partnership enables Tencent to particip…

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3 mins read

Flipkart raises its biggest round at a lesser valuation and acquires eBay but is it enough to steer off Amazon?

The e-tailer mentioned that this capital was raised at a post-transaction valuation of $11.6 billio…

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1 min read

Flipkart-eBay India deal to close in second half of the year

Devin Wenig, CEO at eBay, said, "We-'re committed to winning in India through this partnership.…

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1 min read

Flipkart bags huge investment from SoftBank Vision Fund; it has over $4 billion in cash now

Flipkart has also raised capital from three other companies - Tencent, eBay and Microsoft. No…

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1 min read

SoftBank pumps in Rs 1,675 crore in Ola

SoftBank subsidiary SIMI Pacific Pte picked 12,97,945 shares valued at Rs 10 at a premium of Rs …

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1 min read

Flipkart acquires eBay India; all formalities completed

Flipkart announced it will buy eBay.in in April this year when it raised $ 1.4 billion from glo…

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2 mins read

Take two: eBay is taking another stab at the Indian market

Flipkart will shut the eBay.in portal on 14 August, and replace it with a platform for the sale …

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1 min read

Amazon has invested more than $2-billion in India so far

After this round, its total capital invested in India stands at over Rs13,800 crore ($2.1billio…

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1 min read

Watch out Amazon! Flipkart is looking to end its funding drought with $1.5 billion deal

"Talks with eBay are at an advanced stage, and a strategic deal may include Flipkart acquiring or m…

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6 mins read

How a startup with no VC funding landed $140 million in Chinese deals and partnered with Tencent

British startup Medopad has not only been striking deals in China for the last four years, it's jus…

Shona Ghosh   


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10 mins read

Q&A: Tencent's SY Lau Tells Us How The Chinese Internet Giant Plans To Conquer The West

Now, using the internet is not magic - you have to have better products and user experience than wh…

Lara O'Reilly   


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2 mins read

10 things in tech you need to know today

Facebook's oversight board condemned the company, and we created a guide for whistleblowers to shar…

Jordan Parker Erb   


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1 min read

Flipkart is pumping money in Myntra to ramp up operations; hikes annual budget by 25%

"We will just invest in those brands and that will eventually be run by the entrepreneurs. …

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1 min read

Kishore Biyani surprisingly backed Flipkart. Here's how

"Flipkart is as homegrown and Indian as an Infosys, HDFC or ICICI, which also have signific…

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1 min read

China's Most Valuable Internet Company Is Heavily Reliant On Its Social Messaging Apps

According to the company's financial data charted for us by Statista, Tencent operates three main m…

Dave Smith   


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1 min read

Azim Premji, Ratan Tata’s nod also important for Flipkart-Snapdeal merger

Nod from Premji, Tata and other several important investors is still awaited. “If due dil…

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2 mins read

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

Amazon's operating losses in its international business widened to USD 724 million (Rs 4,646 cro…

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3 mins read

A Peter Thiel-backed fintech that aims to be 'a mixture of Venmo, Zelle, Mint and Chase' is launching next year in the US

N62 is backed by investors including billionaire entrepreneur Peter Thiel and Horizons Ventures, th…

Madeline Shi   


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3 mins read

This is what will happen if Snapdeal gets acquired by Flipkart

2016 had been a challenging year for the e-tailing sector, with multiple regulatory challenges and…