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E-Commerce
Walmart acquires Tiger Global’s stake in Flipkart for $1.4 billion
PTI -
The transaction took place at an enterprise valuation of around $35 billionNew Delhi: US retail giant Walmart has acquired the entire stake of Tiger Global for USD 1.4 billion at an enterprise valuation of $35 billion, sources aware of...
Food
Ambani, Adani among 13 bidders for Future Retail
PTI -
Other entities that have submitted Expression of Interests (EOIs) include Boomidala Enterprises Pvt Ltd., Capri Global Holdings Pvt Ltd, Shalimar Corporation Ltd., Nalwa Steel & Power, United Biotech, WHSmith Travel, and United Biotech Pvt Ltd.New Delhi:Â Firms run by billionaires...
D2C
D2C Ecommerce acquires personal care D2C brand Luxura Sciences
D2C Ecommerce will expand its personal care and beauty segments, strengthen Luxura Sciences’ product offerings by investing in newer categories and foray into global marketsNew Delhi: D2C Ecommerce, a homegrown multi-brand e-commerce platform has acquired leading personal care D2C brand...
Food
Reliance set to acquire METRO Cash & Carry India for 500 million euros
PTI -
This is going to help Reliance Retail, the country’s largest retailer, expand its presence in the B2B segmentNew Delhi: Reliance Industries is set to acquire German retailer METRO AG’s Cash & Carry business in India in a deal estimated...
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Latest News
Unicommerce posts PAT growth of 21%+ YoY in Q2FY25, 25%+ YoY in H1 FY25
Additionally, the number of processed order items increased by 21.9% YoY to 232.8 million in Q2FY25 and by 27.6%...
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