Retail
Amazon shares hit $1,000 for the first time
31 May 2017
The stock price takes Amazon’s market value to about $478 billion, double that of the world's biggest traditional retailer Wal-Mart, while the value of a $1,000 investment on Amazon's first day of trading in 1997 exceeds $500,000 today
Snapdeal staff may get Rs193 cr payoff after merger with Flipkart
15 May 2017
In an unusual move, Snapdeal’s founders Kunal Bahl and Rohit Bansal may distribute $30 crore, half of their expected payout of $60 crore, among all employees after the expected merger with Flipkart
Snapdeal co founders to get $30 mn each as merger with Flipkart nears
12 May 2017
The merger of online marketplaces Snapdeal and Flipkart is now virtually confirmed, with Snapdeal co-founders Kunal Bahl and Rohit Bansal likely to receive $30 million in cash each from SoftBank on their exit from the company
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