Flipkart
Brief
Can eBay Re-establish Itself In India With The Surprise Equation
In the backdrop of the recent Walmart-Flipkart deal, reports claimed that eBay could possibly sell its stake in Flipkart that represents as much as $1.1 billion in value to Walmart and exit the Indian firm. While eBay was quick to release...
Brief
Why Is Google’s Alphabet Reconsidering Flipkart Minority Stake Purchase?
Reportedly, India has maintained its position as the third largest online retail market in the world after China and the USA. Pocketing in benefits, the acquisition of Flipkart by the American supermarket chain, Walmart is considered to be a major attempt of...
Brief
Walmart Flipkart Deal: One of The Largest Wealth Pools For Employees
Latter day, the news of Walmart’s acquisition of Flipkart panned out everywhere. At a valuation of nearly $21 billion, this deal has managed to generate one of the largest wealth pools for employees in India. With this deal being hammered...
Brief
Walmart Acquires Flipkart To Lock Horns With Amazon in India
It's official. Walmart acquires Flipkart to enjoy a lion's share of e-commerce industry in India.
Reportedly, Walmart, No. 3 in the Internet Retailer 2017 Top 500, has sealed the deal with Flipkart at $16 billion, a valuation of $20.7 billion. This is...
Brief
Amazon Wants To Acquire Flipkart To Counter Walmart in India
The eCommerce industry in India is finally hearing for consolidation as all the major players have set their eyes on the lion's share of the market. While the talk with Walmart to buy a controlling stake in Flipkart is advancing,...
Brief
700 New Jobs At Flipkart: On Hiring Spree After 2 Years
Employment and Employability are two of the major concerns for India. Layoffs and hiring freezes are likely to continue in Indian IT industry, but there is still hope. The speeding success of startup biggies like Flipkart - which offer...
Brief
Amazon And Flipkart Are Betting On Customers’ Data To Make Inroads Into the Smartphone Industry
The incumbent e-tailers in India have taken a deep dive in the prevalent and rising smartphone industry in the country. The ever-increasing number of internet users in India has aided the e-commerce companies to stir the conventional markets and...
Companies
Xiaomi Breaks All Records By Selling 1 Million Smartphones in India In Just 2 Days
The current ongoing festive sales at India's major e-commerce retailers like Amazon and Flipkart are paying off big time for smartphone vendors, with record-breaking sales over the past few days. However, the biggest winner is Xiaomi, who became the...
Brief
After Unboxing Snapdeal Flipkart Finds It Worth $400 Million Only: A Correction or Under Valuation?
Amid to all types of speculations about Snapdeal, last month the poster boy of Indian eCommerce industry Flipkart agreed to merge Snapdeal. It took rounds of discussions and negotiation for all Snapdeal stakeholders to come on terms before they...
Brief
A Big Billion Day for Flipkart: Raises $1.4 Billion To Challenge Amazon
The poster boy of Indian eCommerce industry, Flipkart has raised $1.4 billion from some of the tech majors, including Microsoft and Tencent. This is the largest round of funding ever raised by any Indian startup till date. The major...
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Amazon Makes Historic Bet on AI: $4 Billion Fuels Anthropic’s Generative Engine
AI investments have skyrocketed in the last three years, with tech giants placing their bets on the transformative power...
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