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Myntra Reduces Loss by 25%

Fashion e-tailer Myntra said it has reduced the loss by 25% to ₹655 crore in fiscal year 2017 as against ₹823 crore in the...

Flipkart-Walmart Deal Boosts Indian Ecommerce Sector

The recording breaking deal between Flipkart and Walmart where the American retail giant acquired majority stake in India's top e-tailer has boosted the Indian...

SoftBank in Talks with Walmart on Selling its Flipkart Stake

Flipkart's largest shareholder, SoftBank is discussing a deal with Walmart to sell its stakes in the Indian ecommerce major to the American retail giant...

Amazon India Pumps in ₹2,600 Crore to Boost Business

Global ecommerce major Amazon India has invested ₹26,00 crore  to win the ecommerce battle with Walmart-owned Flipkart. The investment will mainly be used to...

Walmart Buys Flipkart in Biggest Global Ecommerce Deal

Global retail giant Walmart bought Flipkart for $16 billion (1.12 lakh crore) in the biggest ecommerce deal in the world. The deal values the 11-year-old...

Walmart Set to Announce Flipkart Deal Today

Putting an end to months of negotiations, retail giant Walmart is all set to announce its deal with Flipkart today, where it buys over...

Walmart & Alphabet Together May Buy Over 70% Stake in Flipkart

Walmart and Google's parent company Alphabet are all set to buy over 70% stake in Flipkart, which will value the Indian ecommerce major at $20...

Sachin Bansal Likely to Quit After Walmart’s Takeover

Flipkart co-founder, Sachin Bansal is planning to resign from his post as Walmart nears a deal to pick up a majority stake in India’s most...

Paytm Mall Doubled its Share of e-tail Market

Ecommerce platform Paytm Mall said it has doubled the market share to 14% this year. The company had recently raised ₹2,900 crore from SoftBank...

Amazon Offers to Buy Stake in Flipkart

Ecommerce major Amazon has offered to buy 60% stake in Flipkart. According to reports, Amazon Inc has formally made the offer. Amazon’s offer came...

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