acquisition

Yesterday, Reddit announced that they have acquired the German origin short-form video social platform Dubsmash. According to the terms of the deal, the TikTok rival will live on as a separate brand and a platform. However, some of their ‘innovate...

The acquisition of Slack has left many surprised. The popular workplace messaging app Slack recently sold its business to the software giant Salesforce for a whopping $27.7 billion. But, what made them make the move when Slack’s CEO Stewart Butterfield repeatedly...

In a bid to strengthen its social commerce’ arm, Facebook has recently paid top dollar for their recent acquisition. The social media giant acquired Kustomer for a whopping $1 billion which is a startup that helps aggregates conversations with customers...

The dispute between Amazon and Future Retail is, apparently, far from over anything soon as the Singapore International Arbitration Centre (SIAC) has rejected Future Retail's plea to exclude it from the arbitration proceedings involving Amazon and Future Coupons. This is...

The news related to acquisition of ShareChat is once again making rounds on the internet. It seems like Google has taken a shine to the Twitter-backed social media platform ShareChat and might acquire it at a valuation of $1 billion! According...

Biyani's Future Group, Ambani's RIL, and Bezos' Amazon have been in a three-way dispute for the past month. This dispute was sparked in October when in a response to a deal between RIL and Future Group, Amazon sought the...

: Uber is selling its ATG self-driving car division to an autonomous vehicle startup Aurora Innovation, Inc., in a deal valued at about $4 billion, according to people familiar with the matter. The ride hailing company is also making a $400 million cash...

The spread of the COVID-19 pandemic, which forced consumers around the world to stay at home led to the many biggies in the retail industry reinventing user experiences in the digital space.  Global brands were observed to be leveraging technologies such...

The retail giant Reliance Retail gobbled up another startup Urban Ladder by acquiring 96% stake for Rs 182.12 crore, yesterday. But this time it wasn’t a regular run-of-the-mill acquisition. This is neither the first nor the surprise move made by...

Amazon’s spat with the Future Group over the Future-Reliance deal has turned ugly! The global e-commerce behemoth, in a recently sent letter to India’s market regulator SEBI aka Securities and Exchange Board of India, has asked for a detailed investigation on Future...