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SoftBank confirms selling ‘entire stake’ in Flipkart to Walmart

SoftBank confirms selling ‘entire stake’ in Flipkart to Walmart

Japan’s SoftBank has decided to sell its over 20 percent stake in e-commerce major Flipkart to US retailer Walmart...
Walmart-Flipkart Deal: SoftBank yet undecided on selling stake in Flipkart

Walmart-Flipkart Deal: SoftBank yet undecided on selling stake in Flipkart

Japan’s SoftBank Group Corp has not yet decided to sell its 20-22 percent stake in Flipkart to US retailer...
Walmart formally agrees to buy a controlling stake in Flipkart

Walmart picks up 77 pc stake in Flipkart for US $16...

Walmart has picked up 77 percent stake in Bengaluru-based e-commerce major for a whopping US $16 billion. “Walmart will pay...
Walmart inches closer to sealing deal with Flipkart

Walmart inches closer to sealing deal with Flipkart

Global retail giant Walmart is inching close to sealing the deal to buy a majority stake in Flipkart for...
SoftBank Vision Fund invests in Flipkart to become one of the largest shareholders

SoftBank Vision Fund invests in Flipkart to become one of the...

Flipkart, India’s leading e-commerce marketplace, has announced an investment - a mix of primary and secondary capital - from...
Snapdeal terminates merger talks with Flipkart

No Deal: Snapdeal ends merger talks with Flipkart

Leading e-tailer Snapdeal on Monday said it was terminating strategic discussions to sell its stake, ostensibly to rival Flipkart,...
Paytm raises US $1.4 billion from SoftBank

Paytm raises US $1.4 billion from SoftBank

Paytm has announced an investment of US $1.4 billion by the SoftBank Group, the Japanese Internet and telecom major,...
Nikesh Arora to step down as SoftBank President and COO

Nikesh Arora to step down as SoftBank President and COO

Under fire from investors, SoftBank Group Corp President Nikesh Arora is stepping down, marking an abrupt end to the...
Snapdeal founders to take 100 pc pay cut, firm commences layoffs

Snapdeal co-founders contributed in latest funding

Snapdeal co-founders Kunal Bahl and Rohit Bansal, who raised funding of $627 million for their company from Japanese billionaire...