The board of directors of Snapdeal, the home-grown online marketplace, on Wednesday agreed to accept the revised buyout offer made by Flipkart and sought shareholders approval.
According to sources.. Deccan Herald
After weeks of dilly-dallying, Snapdeal is said to have finally accepted rival Flipkart’s $900-950 million buyout offer. This comes shortly after reports emerged that Snapdeal founders were.. BGR India
Jul.25 -- SoftBank has taken a stake in Roomba vacuum-cleaner maker iRobot, people familiar with the matter said, as the Japanese company builds its holdings in robotics firms. Bloomberg's Peter.. Source: Bloomberg Global Business -
Jul.24 -- Grab, the leading provider of ride-hailing services in Southeast Asia, said Monday it raised $2 billion from Japan’s SoftBank and China’s Didi Chuxing . Bloomberg’s Brad Stone discusses.. Source: Bloomberg Global Business -
Jul.19 -- Matt Barnard, Plenty Inc.'s chief executive officer, discusses the investment from SoftBank Group Corp.'s Vision Fund and the future of farming. He speaks with Bloomberg's Selina Wang on.. Source: Bloomberg Technology -
Jul.14 -- Uber Technologies Inc. shareholders and its board, led by early backer Benchmark, have discussed selling some of their shares to SoftBank Group Corp. and other potential investors, people.. Source: Bloomberg Technology -
Snapdeal will seek views of its shareholders, including Ratan Tata and PremjiInvest, on the proposed USD 900-950 million buyout deal by Flipkart, a source said.
The deal is almost through but there.. Deccan Herald
Royal Dutch Shell and SoftBank are among several global groups considering bidding for Equis Energy, Asia`s largest independent renewable energy producer valued at up to $5 billion, sources familiar.. Zee News Also reported by •Reuters India •Sify
Southeast Asian ride-hailing major Grab has raised a massive $2 billion from Japan’s SoftBank and Chinese taxi aggregator Didi Chuxing — which bought out Uber’s China operations last year. This.. BGR India
There is a new twist in the tale of Indian e-commerce’s most awaited marriage. The Flipkart-Snapdeal merger has hit another roadblock it seems. A Mint report claims that Snapdeal founders Kunal Bahl.. BGR India
Southeast Asian ride-hailing firm Grab said today it expects to raise USD 2.5 billion in financing, mostly from China's Didi Chuxing and Japan's Softbank, as it strengthens its lead over rival Uber. DNA
Grab expects to raise an additional $500 million, bringing the total to $2.5 billion in this round, which it said would be the largest-ever single financing in Southeast Asia. Zee News Also reported by •Reuters India •Sify
Cab aggregator Ola has invested Rs 100 crore in its car leasing subsidiary, Ola Fleet Technologies. The investment comes at a time when the homegrown firm is locked in an intense battle with US-based.. BGR India
Japanese conglomerate SoftBank’s 20% stake purchase in One97 Communications, which operates digital payments platform Paytm, has been approved by the Competition Commission. In a tweet, the.. BGR India
Online retailing major Flipkart is believed to have sent a revised offer of USD 900-950 million to buy smaller rival, Snapdeal, according to sources.
The Bengaluru-based firm has offered to pay the.. Deccan Herald
(Reuters) - Uber Technologies Inc's [UBER.UL] shareholders and its board, led by venture capital firm Benchmark, have discussed selling some of their shares to Masayoshi Son's SoftBank Group Corp.. Reuters India Also reported by •Sify
REUTERS - Grab, Uber Technologies Inc's biggest rival in Southeast Asia, is raising as much as $2 billion in funding from Japan's SoftBank Group and China's top ride-hailing firm Didi Chuxing, the Wall.. Reuters India