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Myntra Reduces Loss by 25%

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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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