Amazon.com Inc. is in talks to buy driverless vehicle startup Zoox Inc., according to a person familiar with the matter, a deal that would accelerate the e-commerce giant’s automation efforts. “Zoox has been receiving...
Amazon, Future Group in talks over sale of stake in Future Retail
Kishore Biyani-led Future Group has started talks with Amazon for selling stake in Future Retail Ltd to the US-based e-commerce major, industry sources said. The two parties initiated talks earlier this week for a stake...
Snapdeal partners with Gamezop to add gaming options on its platform
E-commerce marketplace Snapdeal has partnered with mobile gaming startup Gamezop to add gaming options for users visiting the site and increase engagement. Gamezop’s top gaming titles like Savage Revenge, Tower Twist...
UK regulator clears Amazon stake in coronavirus-hit Deliveroo
Amazon’s purchase of a stake in Deliveroo has been provisionally cleared by Britain’s competition regulator in view of a potentially fatal deterioration in the online food delivery group’s finances because of the...
Alibaba plans to buy at least 10% stake in Chinese courier Yunda: sources
Alibaba Group Holding Ltd plans to buy at least 10% of Yunda Holding Co Ltd, marking the e-commerce giant’s fifth investment in a large courier, two people with knowledge of the matter told Reuters. Alibaba is looking...
NCLAT sets aside CAIT plea against CCI nod to Flipkart’s acquisition by Walmart
A two-member bench of the appellate tribunal headed by Justice S J Mukhopadhaya said CAIT failed to establish its allegations against CCI granting approval for Walmart-Flipkart deal. NCLAT also said Flipkart was not...
Brazil e-commerce firm Peixe denies it is in talks to buy Grow scooter startup
Brazilian e-commerce firm Peixe Urbano on Thursday denied it was in talks to acquire Latin American scooter company Grow Mobility even as a person with direct knowledge of the matter said the startup was in talks with a...
E-commerce firm Peixe in talks to buy electric scooter startup Grow: sources
Latin American e-commerce company Peixe is in advanced talks to acquire electric scooter firm Grow Mobility, four people with knowledge of the matter said on Tuesday, potentially the latest deal in a crowded sector...
EBay looking to sell South Korean unit: report
EBay Inc is looking to sell its South Korean unit, which includes Gmarket, one of the largest online marketplaces in the country, in a deal that could fetch nearly $5 billion, a Seoul-based newspaper reported on Tuesday...
EBay in discussions with multiple parties for sale of classified business
EBay Inc is in discussions with multiple candidates regarding a potential transaction for its classified-ads business, the company said on Friday. The company expects to provide an update regarding the process by the...
MaxWholesale raises $3 mn Series A from IAN Fund, Al Falaj Investment
MaxWholesale, a business to business e-commerce platform for kirana stores to source online inventory has raised $3 million in a Series A round led by venture capital fund IAN Fund-I and Al Falaj Investment Company, an...
Home rental startup Nestaway buys ApnaComplex
Home rental startup NestAway Technologies Pvt. Ltd Thursday said it has acquired apartment management platform ApnaComplex to expand its property management business. The company did not disclose financial details of...
