Tag: Flipkart
India: Tencent has first right to buy in future Flipkart share...
US-based retail giant Walmart has announced that Flipkart’s minority shareholder Tencent would have the first “right to purchase” if any shareholder of the Indian...
US: Flipkart buys voice AI startup Liv.ai
Flipkart, the Indian eCommerce player being acquired by Walmart, has acquired Liv.ai, the Bengaluru startup working on speech recognition platforms using artificial intelligence.
According to...
India: Traders, Merchants Protest Walmart-Flipkart Deal
Walmart is facing opposition to its US$16 billion deal to acquire Flipkart, with shopkeepers and traders affiliated with the Confederation of All India Traders...
India: Flipkart will still be board-run after Walmart deal
While Walmart has taken a majority stake in Flipkart, the company’s operating structure will remain the same: Flipkart Co-founder and Group CEO Binny Bansal...
India: Walmart approaches CCI for approval of Flipkart buy
Global retail giant Walmart has approached fair trade regulator Competition Commission of India (CCI) for approval of its proposed acquisition of a majority stake...
What Flipkart Means For Walmart
Posted by PYMNTS
What Flipkart Means For Walmart
After much speculation – and a fair amount of “will they, won’t they” – it looks like the...
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...
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...
India: CCI approves Flipkart’s acquisition of eBay India
The Competition Commission of India (CCI) has given approval for e-commerce major Filpkart's acquisition of eBay India. It is an agreement under which the...