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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…
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…
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.…
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…
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 …
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…
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 …
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…
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…
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
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
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
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. …
Kishore Biyani surprisingly backed Flipkart. Here's how
"Flipkart is as homegrown and Indian as an Infosys, HDFC or ICICI, which also have signific…
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
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…
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…
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
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…