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SNAPDEAL FLIPKART MERGER
Snapdeal explores IPO, in talks with bankersThe online retailer has held talks with three investment banking firms, including JM Financial, to gauge market interest for the IPO, the s...- eBay secures 5.4% stake in FlipkartThe sale of eBay India to Flipkart also resulted in a gain of $167 million for eBay Inc, the filing also stated.
- Son just pulled off an impressive judo flip on SnapdealWith Amazon pledging to spend $5 billion in India, the country's e-commerce market is beginning to resemble an arms race, with cash the big...
- Complexity of deal derailed Flipkart-Snapdeal talks: SourcesWhile Snapdeal stated it would follow an independent path and terminated talks, sources said differences in valuation and terms of the deal...
- 'Snapdeal 2.0' could leave company with 500-600 staffersAfter turning down Flipkart's USD 900-950 million offer earlier this week, the e-commerce firm has started working on its new roadmap which...
- Snapdeal's first investor Kenneth Glass backs foundersKenneth Glass, one of the first investors in Snapdeal said in an email statement that he is excited about the company introducing Snapdeal ...
- Flipkart completes eBay India mergerThe deal was announced in April when the Flipkart group raised $1.4 billion from global technology majors eBay, Tencent and Microsoft.
- Not the end: Can unhappy shareholders bring Snapdeal-Flipkart deal back to life?The board is split in two, with one side agreeing to the deal and the other opposing. Opposing the deal include PremjiInvest, Ratan Tata an...
- Disappointed & shocked with Snapdeal founders: Vani Kola to ET NowIn an interview to ET NOW business news channel, Kola said, "In the last few months, these continued leaks, has been very disconcerting and...
- Snapdeal-Flipkart deal falling apart after six months of hard negotiationsPublic announcement on the fate of the one of the largest e-commerce deal, orchestrated by Snapdeal’s largest investor SoftBank, could be m...
- SoftBank toughens stand on Snapdeal-Flipkart mergerSeeks 100% shareholder nod and may back Flipkart independently
- Snapdeal's board accepts Flipkart's up to $950 million buyout offer: SourcesShareholders of Snapdeal will now have to approve the deal, the sources told Reuters, declining to be named as the discussions are not publ...
- Flipkart merger: Snapdeal needs 75% shareholder nodThis means a `yes' from the investors and founders on the board of Snapdeal alone would not be sufficient for the deal to close.
- Snapdeal may merge with Infibeam to create $2 billion companyInfibeam has put in a term sheet, which is likely to value Snapdeal at $1billion, a source privy to the deal talks said on the condition of...
- Flipkart and Snapdeal sign non binding termsheetHowever, two minority shareholders of Snapdeal, Azim Premji and Tata are yet to give their nod to the acquisition of Snapdeal by Flipkart.
- Premji Invest writes to Snapdeal board on sale\Snapdeal managed to secure the go ahead from its early investors and board members Nexus Venture Partners and Kalaari Capital a couple of ...
- Staff well-being top priority for the founders: Snapdeal CEO Kunal BahlEven as SoftBank, pushes for a sale of the online marketplace, Bahl has written to staff, reiterating that their well-being continues to be...
- SoftBank needs consent of two major Jasper Infotech shareholders for Snapdeal-Flipkart mergerAccording to sources, SoftBank is confident of getting Bahl and Bansal, to agree to the deal, but it is yet to get consent of Kalaari and N...
- How Flipkart clinched Jabong from Snapdeal in just 3 daysThis is the backroom story how Flipkart swooped down to clinch the Jabong acquisition in just three days.
- No merger talks with Flipkart, says ShopClues"Really speaking, it is not the fact. Of course, mergers help but do not guarantee businesses to grow," ShopClues CEO Sanjay Sethi told rep...
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