New Delhi: Voonik Technologies Pvt. Ltd, which operates the fashion app Voonik, said on Friday that it had acquired styling and personalization app Dekkoh for an undisclosed amount. Dekkoh, founded by Aditya Chalsani...
Alibaba eyes acquisition of e-commerce unicorn ShopClues
BENGALURU: Chinese internet behemoth Alibaba, which aims to enter the domestic e-commerce market by early next year, has held discussions to acquire online marketplace ShopClues, which is valued at over $1 billion...
Kairuide Holding scraps full acquisition plan for Hangzhou e-commerce firm
Kairuide Holding Co Ltd : * Says it scraps full acquisition plan for a Hangzhou-based e-commerce firm Source text in Chinese: goo.gl/xNqSUY Further company coverage: (Beijing Headline News). Recent Articles on...
Snapdeal is not ready to sell its GoJavas stake
BENGALURU & NEW DELHI: Online retailer Snapdeal, which owns a sizeable stake in logistics provider GoJavas, does not plan to sell its holding even as the promoters of the Gurgaon-based company aggressively scout for...
Future’s Paytm tie-up to help it ride with Alibaba
NEW DELHI: Kishore Biyani’s recent partnership with Paytm for selling Big Bazaar products on the latter’s site is part of his broader strategy to build an alliance with Alibaba, Paytm’s largest...
Wal-Mart buying Jet.com to lift online sales, battle Amazon
Wal-Mart Stores Inc, vying to better challenge Amazon.com Inc, will pay about $3 billion for internet retailer Jet.com and its innovative pricing software in the largest-ever deal for an e-commerce start-up. The deal...
Flipkart ties up with Ola to promote Lenovo smartphones to its customers
The campaign which is being launched in Mumbai, Delhi, Chennai, Bangalore and Pune starting August 1 will be available to users of Ola’s premium Prime service. Flipkart has partnered with ride-hailing app Ola to...
Snapdeal ties up with Uber, enables cab booking on app
Move is likely to help Snapdeal provide more use cases to its consumers and keep them glued on to its platform with a diverse set of services instead of discounts. Bengaluru: Online marketplace Snapdeal (Jasper Infotech...
Flipkart CEO Binny Bansal writes letter to employees on Jabong acquisition
In one of the biggest mergers in Indian e-commerce industry, Flipkart-owned Myntra has acquired one of its biggest rivals Jabong. With the acquisition of Rocket Internet’s Jabong for $70 million, Flipkart now has...
Flipkart’s Myntra acquires Jabong
Myntra beats Snapdeal and other suitors to clinch the deal, the financial details for which have not been made public yet. Jabong, which matched larger rival Myntra in sales until early 2014, has ceded market share...
No merger talks with Flipkart, says ShopClues
BENGALURU: E-commerce firm ShopClues today refuted reports that it is in talks with rival Flipkart for a merger. “Really speaking, it is not the fact. Of course, mergers help but do not guarantee businesses to...
Myntra to buy Hrithik Roshan’s HRX brand
The acquisition is part of Myntra’s plan to boost its high-margin private brands business; the transaction will be completed over the next few weeks. Online fashion retailer Myntra is close to buying a majority stake in...
