Alphabet Inc’s (NASDAQ:GOOGL) (NASDAQ:GOOG) Google has invested in Flipkart, the Indian e-commerce firm backed by Walmart Inc (NYSE:WMT). The latest funding round is led by Walmart. Google’s proposed ...
Walmart informed Flipkart it plans to sell shares in an initial public offer (IPO) in three years time. Pictured, the Flipkart headquarters in Bengaluru, India, July 7, 2017. REUTERS/Abhishek N.
The final shareholder agreements triggering India Inc’s largest M&A is expected to be signed over the weekend and a formal announcement is due mid-next week. Key Highlights The final shareholder ...
Indian grocery stores and major online fashion retailers have joined the ongoing boycott of Turkish products The Competition Commission of India (CCI) has approved Alphabet subsidiary Shoreline ...
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 ...
In May this year, Walmart-owned Flipkart has closed a funding round of about USD 1 billion that includes USD 350 million from Alphabet's Google. US retail giant Walmart, which holds an 85 per cent ...
New Delhi: The Competition Commission on Tuesday granted approval to Alphabet’s arm Shoreline International Holdings LLC to acquire a stake in Walmart group firm Flipkart. Shoreline International ...
The Competition Commission on Tuesday granted approval to Alphabet’s arm Shoreline International Holdings LLC to acquire a stake in Walmart group firm Flipkart. Shoreline International Holding is a ...
https://www.thehindubusinessline.com/companies/the-cci-has-approved-a-significant-transaction-involving-flipkart-private-limited-a-walmart-group-company-and-shoreline ...
India's Competition Commission (CCI) has approved Google parent Alphabet's investment in Flipkart. Alphabet's Shoreline International Holdings will acquire a stake in the Walmart-owned e-commerce ...
As speculations of the Flipkart-Walmart deal continue to create a buzz, the global retailer is now planning to involve Google’s parent Alphabet taking a stake in Flipkart for nearly $1-2 Bn. As per ...