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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…
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-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…
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.…
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…
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…