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JET.COM INC.
Amazon punished its own sellers to limit Walmart's reach, FTC saysIn addition to making $1 billion by using a secret algorithm called "Project Nessie" to push up the prices that U.S. households pay, Amazon...- Flying cars, Hyperloops and the other 2020 tech predictions that didn’t pan outIn 2013, Elon Musk outlined his vision for a new “fifth mode of transportation” that would involve zipping people through tubes at speeds a...
- Wanted: CEO for Walmart 'Stealth Company' that doesn't exist yetThe world’s largest retailer has posted an opening for a “CEO, Stealth Company” who would lead the latest startup housed inside its technol...
- Walmart's built a ragtag alliance of tech firms to battle AmazonFear of Jeff Bezos helps explain why Walmart has in recent years forged alliances with Google, Microsoft, China’s JD.com and other tech pla...
- Walmart kicks off second-largest bond sale of the year to fund Flipkart purchaseJust a week before Walmart announced its plans for a stake in Flipkart, it agreed to sell a controlling stake of its of its British busines...
- Azim Premji backs US-based e-commerce fraud-prevention startup SignifydThe Indian tech titan’s personal investing vehicle Premji Invest led the deal, valuing the seven-year-old company at roughly $400 million.
- Walmart is right on Flipkart despite investor ire: Sarah HalzackAnd by making this investment in Flipkart, Walmart played some indirect defense against Amazon, which was reportedly kicking the tires on a...
- A $12 billion for a majority stake in Flipkart would be Walmart’s biggest acquisition everAfter all, e-commerce is expected to grow explosively in India, and it's a market Amazon.com has not yet dominated.
- Walmart may double Flipkart valuation to $20 billion for a big stakeAt present, SoftBank is the largest shareholder in Flipkart with a 23.6% stake, followed by Tiger Global with 20.5% and Naspers with 13%. F...
- Walmart in talks to buy a significant minority stake in FlipkartIf a deal takes place, Walmart may acquire a 15-20% stake in Flipkart, allowing them to combine synergies to compete with Amazon in India.
- Wal-Mart looks at online presence, Amazon considers offline storesAmazon.com is going to have a significant brick-and-mortar presence. The only remaining question is when and how.
- Flipkart may follow Jet.com model to offer discounts on single box deliveryFlipkart may soon offer discounts on multiple products delivered in a single box, a service modelled on US ecomm startup’s Smart Cart.
- 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...
- Walmart, Flipkart may gang up on AmazonAn alliance will allow Flipkart to leverage Walmart’s global supply chain and increase efficiency in procurement, product assortment and im...
- The accidental millionaire in Jet.com's sale to Wal-MartThe cash-and-stock sale to Wal-Mart could have boosted that since Jet's private valuation was pegged at around $1.5 billion last November, ...
- Walmart agrees to acquire Jet.com for $3 billion in cashThe acquisition, which is subject to regulatory approval, has been approved by the Boards of Directors for both companies and is expected t...
- Jet.com deal with Wal-Mart hinges on keeping founderThe deal combines Jet’s proprietary technology, customer data and Lore’s e-commerce know-how with Wal-Mart’s extensive supplier relationshi...
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