Thu, May 10, 2018
In the biggest deal in e-commerce space globally, retail giant Walmart picked up 77 per cent stake in Flipkart on Wednesday. Walmart is paying $16 million in a combination of secondary ($14 billion) and primary ($2 billion) transactions. The deal is yet to get regulatory approvals in India.
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Tue, Oct 17, 2017
Uber's board voted earlier in October to approve the Japanese tech conglomerate's cash infusion, which would add six more board seats and annul super-voting shares held by former CEO Travis Kalanick among others
Thu, Jan 05, 2017
"Apple is planning to invest $1 billion in SoftBank`s Vision Fund. We have worked closely with SoftBank for many years and we believe their new fund will speed the development of technologies which may be strategically important to Apple," the company said in a statement.
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