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Amazon in talks to buy stake in India"s Reliance Retail: sources

Amazon.com Inc is in talks with Reliance Industries Ltd's retail unit to buy a stake in India's biggest brick-and-mortar retailer, two sources with knowledge of the talks told Reuters on Friday......»»

Category: topSource: reutersAug 2nd, 2019

Amazon in talks with India"s Reliance Retail for stake purchase: sources

Amazon.com Inc is in talks with Reliance Industries Ltd's retail unit to buy a stake in India's biggest brick-and-mortar retailer, two sources with knowledge of the talks told Reuters on Friday......»»

Category: topSource: reutersAug 2nd, 2019

Amazon in early talks to buy stake in India"s Reliance Retail: ET

Amazon.com Inc is in exploratory talks with Reliance Industries Ltd's retail unit to buy an up to 26% stake in India's biggest brick-and-mortar retailer, the Economic Times (ET) reported on Thursday......»»

Category: topSource: reutersAug 1st, 2019

India"s Reliance to sell $750 million stake in unit to Silver Lake, on track to cut debt

India's Reliance Industries Ltd said on Monday private equity firm Silver Lake will invest nearly $750 million in its digital arm, days after securing a $5.7 billion investment from Facebook Inc , boosting its efforts to cut debt......»»

Category: topSource: reutersMay 4th, 2020

Facebook takes $5.7 billion stake in India"s Jio Platforms

Facebook Inc. on Tuesday announced a $5.7 billion investment in India's Jio Platforms Ltd. The Indian tech company is part of Reliance Industries Ltd., and has brought nearly 400 million Indians on.....»»

Category: topSource: marketwatchApr 21st, 2020

Facebook invests $5.7 billion in India"s Reliance Jio

Facebook Inc announced a $5.7 billion investment in Reliance Industries Ltd's telecom unit on Wednesday, making it the largest minority shareholder in Jio Platforms Limited......»»

Category: topSource: reutersApr 21st, 2020

During Bezos visit, India minister says Amazon"s $1 billion investment is no big favour

Amazon hasn't done India any big favours by announcing a new $1 billion investment, its trade minister said on Thursday, laying bare tensions with the U.S. online retail giant during a visit to the country by its CEO Jeff Bezos......»»

Category: topSource: reutersJan 16th, 2020

Amazon"s $1 billion investment in India no big favor: minister

Amazon hasn't done India any big favors by investing $1 billion in the country, its trade minister said on Thursday, laying bare the tensions with the U.S. online retail giant during a visit by its CEO Jeff Bezos......»»

Category: topSource: reutersJan 16th, 2020

Tesco shares jump on possible sale of Asian business

Shares in Tesco rose more than 5% on Monday after Britain's biggest retailer said it might sell its Asian businesses, in Thailand and Malaysia, which analysts valued at up to $9 billion......»»

Category: topSource: reutersDec 9th, 2019

Indian retailer Future"s shares surge as regulator approves Amazon investment

Shares in Future Retail Ltd surged 13% on Friday, after India's antitrust body approved a deal that would give Amazon.com Inc a minority stake in one of the country's top retail groups......»»

Category: topSource: reutersNov 29th, 2019

The Wall Street Journal: SoftBank part of $1 billion investment in India mobile-payments startup Paytm

The parent company of popular Indian mobile-payments startup Paytm said it has secured $1 billion in fresh funds from Japan’s SoftBank Group Corp. and China’s Ant Financial Services Group, giving it more firepower in a fast-growing but crowded market......»»

Category: topSource: marketwatchNov 24th, 2019

No Major Retailer Has More Locations Than This One

The National Retail Federation announced its Top 100 Retailers for 2019. Walmart was the biggest in sales, at $387 billion.  It has 5,263 locations. One company on the list had many times that. Most........»»

Category: blogSource: 247wallstJul 7th, 2019

Walmart Eyes Indian Market With $16 Billion Investment In Flipkart

Retail behemoth Walmart Inc (NYSE: WMT) made a major push into the India market Wednesday with an investment in Flipkart, India's leading e-commerce platform. read more.....»»

Category: blogSource: benzingaMay 9th, 2018

Walmart-Flipkart deal a betrayal by Modi government, says CPI (M)

The party said that the $16-billion acquisition of e-retailer Flipkart by Walmart facilitates the "backdoor entry" of foreign capital to take over India's huge multi-crore retail trade sector.....»»

Category: topSource: business-standardMay 10th, 2018

SoftBank Leads $1 Billion Investment in Indian Hotel-Booking Startup

SoftBank Group is doubling down on one of its biggest bets in India by leading a $1 billion investment in hotel-booking startup OYO......»»

Category: asiaSource: wsjSep 26th, 2018

London Markets: SoftBank’s $2.3 billion deal pushes shares in e-commerce group higher as London stocks slump

Japanese investment giant Softbank’s $2.33 billion investment in THG prompted shares in the online fashion retailer to soar on Tuesday, far outpacing other stocks in London, which faced a down day of trading......»»

Category: topSource: marketwatchMay 11th, 2021

StockX Valued 35% Higher At $3.8B In Latest Funding

StockX LLC said Thursday it has raised $255 million in a funding round led by existing investor Altimeter Capital and Dragoneer Investment Group as a new investor, valuing the e-commerce startup at $3.8 billion. read more.....»»

Category: blogSource: benzingaApr 8th, 2021

Houston fintech unicorn HighRadius raises $300M Series C investment, reaches $3.1B valuation

HighRadius reached unicorn status — a coveted title given to private firms valued at over $1 billion — in early 2020 after raising a $125 million Series B round......»»

Category: topSource: bizjournalsMar 30th, 2021

U.K. Court Paves $11 Billion Way to Equal Retail Staff Pay

The U.K.’s Supreme Court this week offered the country’s female retail employees fresh hope in an ongoing fight for equal pay, that could trigger billions of dollars in compensation claims......»»

Category: topSource: washpostMar 26th, 2021

Coinbase, the largest crypto exchange in the US, valued at $68 billion ahead of direct listing

The increased valuation of the company has surged in lockstep with the rally in the price of bitcoin, which hit fresh records in March. In this photo illustration, Bitcoin course's graph is seen on the Coinbase cryptocu.....»»

Category: personnelSource: nytMar 17th, 2021