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JD.COM EXIT
Is your Labubu fake or real? How you can spot differences between Pop Mart dolls and 'Lafufus'Labubu dolls have become a pop culture phenomenon and the recent mini Labubu series launched in August saw a massive sales. Within 60 secon...- H&M profits impress despite September sales slowdownH&M, whose biggest rival is Zara owner Inditex, said September sales would fall by 10% year-on-year measured in local currencies. That comp...
- H&M blames warm weather for September sales slideThe company also said it had this month returned to JD.com, one of China's biggest e-commerce marketplaces, after a prolonged absence due t...
- ETtech Exclusive: Tiger trail at Flipkart ends with $3.5 billion profits; fund sells remaining stake to WalmartThe US fund exits online retailer with a 4% stake sale to Walmart in final deal of phased selloff.
- Jefferies’ Chris Wood adds Zomato to India portfolio; HDFC Life makes exitChristopher Wood, Jefferies’ Global Head of Equity Strategy, has added Zomato to his India and global long-only equity portfolios. The weig...
- China's JD.com to shut ecommerce sites in Indonesia, ThailandJD.com will end its services in Thailand on March 3 and in Indonesia from the end of the same month, its local websites showed. Both units ...
- China's JD.com to shut e-commerce sites in Indonesia, ThailandJD.com will end its services in Thailand from March 3 and in Indonesia from the end of the same month, its local websites showed. Both unit...
- China Covid pivot sparks jitters worldwide, US mulling travel restrictionsChina late Monday scrapped quarantine for inbound travellers from January 8 onwards, dismantling the last remaining piece of its stringent ...
- Tencent to give $16.4 billion JD.com stake to shareholders as dividendTencent will distribute $16.37 billion worth of its JD.com stake to shareholders, slashing its holding in China's second-biggest e-commerce...
- The charmed life of a young tiger cub with a $4.6 billion fortuneHe rarely speaks at public events and is seldom photographed. But he has been known to let his old-money guard down and get crazy.
- Tencent’s consent key to future Flipkart share saleFlipkart investors can sell shares to Alibaba only if Tencent is notified of the transaction in detail at least five business days ahead.
- Bengaluru, Delhi top in startup fundingThe report said the Japanese company’s portfolio includes more than 65 companies in the Asian hubs, showing how a single investor has prope...
- SoftBank in talks to invest big money in Paytm MallSoftBank could be freed from a clause in its agreement with Flipkart that restricts it from investing more than $500 million in Paytm Mall ...
- Tiger’s Fixel to remain on board Flipkart after Walmart dealTiger Global Management will continue to hold around 5% stake in the company after Walmart and Google-owner Alphabet pick up the stake, the...
- Walmart sheds its grow-everywhere plan in refining strategyWalmart is pursuing faster-growth markets overseas, including China and India, while battling e-commerce giant Amazon.com Inc. in its core ...
- Tiger Global Management to cash in $1 billion from Ola, Flipkart exitsThe share sales in Flipkart and Ola will take the total realisations for Tiger Global, which has invested $2 billion over a decade in India...
- Tiger Global's big Flipkart bet is finally paying offTiger Global — once the largest backer of Indian startups — has not made any new investments in India since the end of 2015. That is now se...
- Walmart's investment in Flipkart might run into troubleIn July this year Flipkart-owned Myntra acquired fashion e-tailer Jabong from the troubled Rocket Internet. It is interesting that Jabong w...
- Indian startups need level-playing field after Uber's Chinese unit sold to Didi Chuxing“We need to address this bias and create a level-playing field for domestic startups,” said Sharad Sharma, cofounder of product software th...
- 11 PIOs in Forbes's list of best venture capitalistsThese VCs with the "Midas" touch are making big and early bets on the leading tech cos of tomorrow and earning outsized returns for their i...
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