Major shareholder Kinnevik, a Swedish investment firm, devalued Quikr by 45%, referring to the exaggerated revenue resulting from fraudulent transactions that rocked the company. Quikr is now......
It took Flipkart a little over 24 hours to complete due diligence and come up with a final offer that was $20 million higher than what Snapdeal was ready to forfeit. How did the......
'The acquisition of Jabong is a natural step in our journey to be India's largest fashion platform.' Flipkart-owned Myntra on Tuesday said it has acquired Jabong from Global Fashion Group......
Image: Amazon CEO Jeff Bezos at a press conference.Photoghraph: David McNew/Getty Images In its first acquisition in India, American online retail giant Amazon is planning to buy out fashion......
With aggressive brand-building initiatives, the companies’ advertising budgets ahead of Diwali is understood to have seen a 15% spike It is not just the e-commerce majors like Flipkart,......