ShopClues will use Momoe’s technology to further strengthen the platform and ease transactions. New Delhi: Online shopping platform ShopClues.com (Clues Network Pvt. Ltd) on Friday said it has acquired mobile payments...
Snapdeal and Future Group are final contenders to acquire Jabong
NEW DELHI: Snapdeal and Kishore Biryani’s Future Group have emerged as final contenders for buying online fashion retailer Jabong at a valuation which is much less than the original asking price. While Snapdeal is...
Merging Flipkart, Snapdeal the best way to beat Amazon
Flipkart, Snapdeal are burning through cash and it doesn’t look like the flames of competition are going to die down while they’re being fanned by Amazon. Taipei: Shall we name it Snapkart, or Flipdeal? Perhaps either...
Myntra acquires mobile content aggregator Cubeit
Myntra, the fashion portal owned by Flipkart said on Monday that it has acquired Cubeit, a start-up that allows content aggregation on mobile. Myntra did not disclose the cost of acquiring Cubeit, which allows users to...
1mg Technologies acquires diagnostic labs aggregator Medd
New Delhi: Online healthcare start-up 1mg Technologies Pvt. Ltd on Monday said it has acquired diagnostic labs aggregator Medd (HolaMed Healthcare Technologies Pvt. Ltd) in a move aimed at boosting its diagnostic...
Shanghai Ganglian E-commerce’s share trade to resume after revising acquisition plan
Shanghai Ganglian E-commerce Holdings Co Ltd * Says share trade to resume on June 30 after revising asset acquisition proposal Source text in Chinese: bit.ly/2972Yiv Further company coverage: (Reporting by Hong Kong...
Amazon ties up with Vodafone to acquire ‘hesitant’ customers
BENGALURU: Amazon India is expanding its offline presence in the country as it looks to further localise its offering and bring on board customers who are still reluctant to shop online. The e-tailer has tied up with...
Alibaba’s Ant Financial buys 20 percent of data firm for $35 million
Chinese e-commerce firm Alibaba Group Holding Ltd’s (BABA.N) affiliate Ant Financial has bought a fifth of financial data provider Shanghai Suntime Information Technology for around $35 million, a source with...
StoreKing gets Rs 100 cr from Malaysia’s Axiata
Axiata Group Berhad, Malaysia’s largest telecom firm and a shareholder in Idea, has made its first e-commerce investment in India in Bengaluru-based StoreKing. Axiata Group has invested $16 million (about Rs 100 crore)...
BookMyShow seeks to raise $75 million
Mumbai: Bigtree Entertainment Pvt. Ltd, which owns online entertainment ticketing platform BookMyShow.com (BMS), is in advanced talks to raise around $75 million (aroundRs.500 crore) in its largest round of fund-raising...
HT Media buys 8.2% stake in fashion e-tailer Koovs for £3 million
NEW DELHI: UK-based online fashion store Koovs said Indian newspaper publisher HT Media BSE 0.00 %invested £3 million (around Rs 29 crore) in the company for an 8.2 per cent stake. Shares under the deal were issued at...
Yahoo hires investment bank to sell about 3,000 patents: WSJ
Yahoo Inc (YHOO.O) has hired boutique investment bank Black Stone IP LLC to sell about 3,000 of the internet company’s patents, the Wall Street Journal reported, citing people familiar with the matter. The company...
