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Amid India-China standoff, Tencent is back with an investment in Flipkart
Flipkart has not yet responded to Business Insider’s queries. The story will be updated as a…
Hike lays off around 55 people after GST hike on online gaming
Kavin Bharti Mittal-founded Hike, which owns Rush Gaming Universe, has laid off about 55 people - m…
PTI
Walmart reportedly raising up to $3 bn for Flipkart to expand India biz
With new funds, Flipkart's valuation is set to soar to more than $40 billion, giving a fillip to…
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…
SoftBank has agreed to sell its entire 21% stake in Flipkart to Walmart
According to reports, SoftBank was considering not selling the Flipkart shares due to many opt…
Tencent loses nearly $34 billion since the PUBG Mobile ban in India — its second-largest valuation dip this year
Chinese technology company Tencent loses $34 billion in two days since Indian mobile app ban took a…
Flipkart and Tiger Global have a billion dollar notice to respond to in the next 90 days
India’s Enforcement Directorate (ED) has reportedly warned Walmart-owned Flipkart and its founders …
Flipkart raises $3.6 billion at a valuation of over $37 billion, to focus on ‘millions of small and medium Indian businesses’
Walmart-owned e-commerce titan Flipkart has raised $3.6 billion (approx. ₹26,800 crore at current r…
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…
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…
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.…
Tencent Security warns thousands of Microsoft SQL servers maybe infected by a new malware
The cybercriminal group is so named after one of the domains used by it to host their malware.…
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…
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…
If Alibaba and Tencent are rolled into one, it may look a lot like Mukesh Ambani’s Reliance Jio — only much smaller for now
Now, some see Jio as the next Alibaba, and some see it as India’s Tencent. Or is it both rolled …
Flipkart’s reported $10 billion IPO plan will mean Walmart’s investment in the Indian e-commerce giant will double within 3 years
The much-anticipated Flipkart IPO (initial public offering) could soon be a reality. US retail play…
A flurry of Indian A-list entrepreneurs buyout Chinese investor Shunwei Capital’s stake in Koo – the microblogging site that’s taking on Twitter
Bombinate Technologies, the parent company of Vokal and Koo, has shown the door to one of its early…
Doubtnut raises USD 15 mn in funding led by Tencent
New Delhi, Jan 31 () Edu-tech platform Doubtnut on Friday said it has raised USD 15 million (about …
PTI
E-commerce platform Flipkart to buyback employee stock options worth ₹600 crore, say sources
Earlier in the day, Flipkart announced raising $3.6 billion (about Rs 26,805.6 crore) in funding…