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SOBEK AUTO
CarTrade Tech says it owns classifieds platform OLX’s entire India businessThe company had earlier said that it was acquiring 100% of Sobek Auto India Pvt Ltd, the entity that houses OLX India's auto business, but ...13 Jul, 2023, 08.54 AM IST- Heavyweights, auto stocks lift Sensex by 274 pts; Nifty above 19,400 ahead of quarterly resultsNifty stays range-bound for sixth straight session. Eight of the 13 major sectoral indices logged gains, with auto and fast moving consumer...11 Jul, 2023, 04.15 PM IST
- CarTrade Tech shares jump 17% on acquisition of OLX India’s auto businessThe cost of acquisition of Sobek will be for a consideration of Rs 537.43 crore which is to be paid on the completion date of the acquisiti...11 Jul, 2023, 10.55 AM IST
- Premium products power online sales as mass-market hit by slowdown; ISRO grey cells fuel spacetech startupsEcommerce sales — excluding smartphones — have surged 24% in Q2. Industry insiders and research firms indicate that the growth in smartphon...11 Jul, 2023, 08.55 AM IST
- CarTrade to acquire OLX India’s auto business for Rs 537 croreIn a stock exchange filing on Monday, CarTrade said that it will acquire 100% stake in Sobek Auto India Pvt Ltd, the entity which houses OL...10 Jul, 2023, 11.39 PM IST
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