Amazon.com Inc has bought technology startup INLT for an undisclosed amount, the company told Reuters on Tuesday, in a transaction that will help merchants on its online marketplace more easily import goods into the...
CCI approves Amazon’s 0.51% equity share acquisition of Quess Corp
Fair trade regulator Competition Commission of India (CCI) on Monday said it has cleared the acquisition of equity share capital of Quess Corp by Amazon.com NV Investment Holding LLC. Quess Corp in a regulatory filing...
Alibaba dials up luxury push with $2 billion buy of Netease e-commerce arm
Alibaba Group has agreed to buy e-commerce business Kaola from Chinese gaming company NetEase for $2 billion, adding a platform that specializes in supplying curated luxury goods from abroad to domestic consumers...
Amazon in talks for stake in Indonesia’s ride-hailing startup Go-Jek: source
Amazon.com Inc is in early talks with Go-Jek Group to buy a stake in the Indonesian ride-hailing startup, a source familiar with the matter told Reuters on Wednesday. Details of the stake were not known and the source...
Jeff Bezos sells $2 billion of Amazon stock after 4% stake transfer
MacKenzie Bezos is officially Amazon.com Inc.’s second-largest individual shareholder. About 19.7 million shares are now registered in 49-year-old MacKenzie’s name, according to regulatory filings detailing stock sales...
Amazon buys Israeli startup E8 Storage: source
Amazon has bought Israeli storage technology startup E8 Storage, a source familiar with the deal said on Wednesday. The team at E8 Storage, which provides flash storage for the enterprise and software-defined cloud...
Snapdeal in talks for fresh capital, raises funds from Piramal
Two years after a failed merger with Flipkart and a subsequent turnaround of sorts, online marketplace Snapdeal is in initial talks to raise a fresh round of funding, said three people familiar with the matter...
eBay logs into Paytm Mall with 5.5% stake, eyes pie of online retail
eBay has agreed to buy a 5.5% stake in e-commerce marketplace Paytm Mall in a renewed attempt by the San Jose, California-based company to grab a foothold in India’s fast-growing and intensely competitive online retail...
Flipkart partners Cleartax to connect sellers with CAs
Flipkart, India’s largest e-commerce marketplace, has partnered with Cleartax, a leading online tax and investing platform, to help sellers connect with specialist chartered accountants (CAs), offering various tax and...
UK competition regulator puts brake on Amazon’s Deliveroo deal
Britain’s competition regulator has stepped in to pause Amazon’s deal with online food delivery group Deliveroo while it considers launching a full investigation. Amazon led a $575 million fundraising in Deliveroo in...
Binny Bansal sells ₹531 crore Flipkart shares to Walmart
Binny Bansal, the co-founder of India’s leading e-tailer Flipkart, sold around 54 lakh of his equity shares valued at $76 million ( ₹531 crore) to world’s retail giant Walmart’s Luxembourg entity FIT...
Acquisition of ShopClues by rival Snapdeal unlikely to materialise: Report
The acquisition of ShopClues by larger rival Snapdeal is unlikely to materialise, sources said. The two players were in talks for the acquisition in an all-stock deal. The companies have engaged in such discussions in...
