Tag: Ecommerce
US/China: Trade fight could hurt global tech supply chain
With the US picking up its actions against Chinese technology firms, analysts and consultants are warning that it will create big economic problems for...
India: Walmart’s US$15b bid secures Flipkart buy against Amazon
The race to win India’s eCommerce power player Flipkart is over and won by Walmart with a US$15 billion bid on the firm. The...
US: Walmart soon to close US$12.7b Flipkart deal
Walmart is getting extremely close to securing a deal that would give it a majority stake in Indian eCommerce powerhouse Flipkart. That deal will...
EU: Competition chief holds threat of breaking up Google
The EU’s antitrust head Margrethe Vestager won’t rule out breaking up Google, saying the EU has “grave suspicions” about its dominance in Internet search.
Reuters,...
India: Snapdeal approves of Flipkart bid
Indian Snapdeal's board has agreed to a US$950 million bid from larger rival Flipkart, according to two sources.
Reuters reports that two of its sources...
UK: Worldpay agrees to US$9.9b merger with Vantiv
In a swift denouement to merger speculation that Worldpay, the biggest payment processing firm in the United Kingdom, would be a takeout candidate for...
US: Walmart finalizes another ecommerce acquisition
The world’s largest brick-and-mortar retailer is in advanced discussions to acquire Bonobos, a 10-year-old men’s fashion retailer based in New York City. Sources say...