e-commerce
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Snapdeal dials Flipkart, Amazon to explore merger possibilities
Snapdeal, India’s second-largest homegrown online retailer, has initiated preliminary talks with staunch rivals Flipkart and Amazon to explore a possible ......
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Will Myntra-Jabong deal attract CCI scrutiny?
Legal opinion is divided on whether fashion e-tailer Myntra’s acquisition of Jabong would need to be okayed by the Competition ......
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Indian e-commerce market is extremely competitive, unprofitable: Jabong parent GFG
A realisation that it will have to pump in huge amount of capital to stay in the game and a ......
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Flipkart's Myntra to acquire main rival Jabong for $70 mn
Flipkart-owned Myntra has agreed to acquire main competitor Jabong from Global Fashion Group for $70 million (Rs 470 crore) in ......
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ShopClues explores more acquisitions after maiden deal
Online shopping marketplace ShopClues may make more acquisitions to expand its market reach and improve its offerings over the next ......
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ShopClues acquires mobile payments startup Momoe
Online shopping marketplace ShopClues has acquired Bangalore-based Momoe Technologies Pvt. Ltd, as it looks to build a payments business and ......
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Flipkart's Myntra burning more money than Rocket Internet's Jabong
Rocket Internet-controlled fashion e-commerce venture Jabong, which has been on the block for over a year now, was bigger as ......
TMT
Alibaba, Abof, Future Group join race to acquire Jabong
Chinese e-commerce giant Alibaba, Aditya Birla's new e-commerce venture Abof along with homegrown e-commerce companies Myntra and Snapdeal, besides brick-and-mortar ......
TMT
Flipkart suffers sixth markdown as Vanguard slashes stake value
A mutual fund managed by US-based investment firm Vanguard Group has marked down the value of its stake in Flipkart, ......
TMT
Govt scraps 'angel investment tax' that probably no one paid
The government has scrapped the so-called ‘angel investment tax’ on investors providing funding to startups.This means resident angel investors, domestic ......
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