SoftBank

Walmart has picked up 77 percent stake in Bengaluru-based e-commerce major for a whopping US $16 billion. “Walmart will pay approximately US $16 billion for an initial stake of approximately 77 percent in Flipkart, formally Flipkart Private Limited. The remainder...

As much as US $2.1 billion worth of M&A (merger and acquisition) transactions were inked in 2017 in the booming Indian e-commerce industry, which may soon witness its largest-ever deal - the proposed Flipkart-Walmart nuptial. According to a PTI report:...

Global retail giant Walmart is inching close to sealing the deal to buy a majority stake in Flipkart for as much as US $12 billion, even though rival Amazon is still jostling to turn the deal in its favour. According...

Private equity firms invested US $23.8 billion across 591 deals in 2017, making it the biggest year for PE investments in India, says a report. According to deal tracker Venture Intelligence, the investment value is 39 per cent higher than...

Snapdeal's earliest investor Kenneth Glass has come out in support of CEO Kunal Bahl over the decision to call off merger talks with larger rival Flipkart. According to a PTI report: Glass, a former Microsoft executive, has written an email...

E-commerce major Flipkart is expected to make a revised offer of $900-950 million for buying rival Snapdeal, according to sources close to PTI. According to a PTI report: The new offer almost matches the initial asking price of $1 billion...

Flipkart is expected to make a revised offer in the next few days for buying Snapdeal, after its first proposal of US $850 million was rejected by the Board of the smaller rival. According to a PTI report: The new...

Snapdeal has raised over Rs 113 crore from early investor Nexus Venture Partners and founders Kunal Bahl and Rohit Bansal, amid talks of a potential sale of the e-commerce firm to larger rival Flipkart. NVP pumped in Rs 96.26 crore...

Sale of a company often leaves employees high and dry, but not in the case of Snapdeal that may offer a Rs 193 crore bonanza to its staff if the homegrown e-commerce firm is taken over by larger rival...

Japan's SoftBank has secured the crucial nod from co-investor Nexus Venture Partners (NVP) for sale of Snapdeal to India's largest e-commerce firm, Flipkart, sources told PTI. According to a PTI report: SoftBank -- the largest shareholder in Snapdeal -- had...