EBay Sells $1.1B Flipkart Stake In Wake Of Walmart Deal, Relaunches India Business
On the same day Walmart unveiled its majority acquisition of Flipkart, eBay announced it was selling its $1.1…
News May 11
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Canadian Tire Expands International Presence With Helly Hansen Purchase
Canadian Tire Corp. will acquire Helly Hansen for $771.2 million (U.S.), diversifying its offerings with a push into…
News May 11
Walmart Beats Amazon To $16 Billion Flipkart Deal, Brings E-Commerce Battle To India
UPDATE: Walmart officially announced it has acquired an initial stake of roughly 77% in Flipkart for approximately $16 billion. The…
News May 9
BorderX Lab Raises $20M To Expand Shopping App Beyond China
Technology-enabled e-Commerce company BorderX Lab has raised $20 million in a financing round led by Kleiner Perkins. The…
News May 8Alibaba Boosts Revenue 60% In FY2018, Grows User Base
Alibaba reported a 60% increase in revenue from its core commerce operations during FY 2018, reaching approximately $34.1…
News May 7Optimized Store Layouts Give Pets At Home Room To Add Services
UK-based pet care retailer Pets at Home has optimized its stores’ layouts with the rollout of Symphony RetailAI’s…
News May 4Amazon Enters Fight For Flipkart With Bid For 60% Stake
Amazon has made a formal offer for a 60% stake in Indian e-Commerce firm Flipkart, sources told CNBC…
News May 2Walmart Selling UK Supermarket Asda, Fueling Potential Purchase Of Flipkart
Walmart is planning to sell its British subsidiary Asda to Sainsbury’s for approximately $4.1 billion plus a 42%…
News May 1
Hotter Shoes Leverages Triggered Emails To Add Fire To U.S. Expansion Efforts
As a footwear retailer with 77 stores and a presence in more than 200 independent retailers across the…
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