Retail
Flipkart raises $1.5 bn, Snapdeal takeover around the corner
07 Apr 2017
India’s biggest ecommerce company will raise a total of $2 billion in the current funding round, with another $500 million coming from Japanese internet and telecom conglomerate SoftBank
Snapdeal reported on the verge of being sold to Flipkart
06 Apr 2017
Most reports say that the country's third-largest online shopping platform Snapdeal would be sold to Flipkart, but Paytm's name has also come up as a potential buyer – in any case the valuation is likely to be a fraction of what it was last year
Amid boardroom battle, SoftBank yanks Snapdeal fund offer
03 Apr 2017
Japanese investor SoftBank has abruptly rescinded $150-200 million debt financing it had offered to Snapdeal owner Jasper Infotech, escalating a boardroom battle involving new and old investors
Amazon.com to shut unprofitable Quidsi division
30 Mar 2017
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