• Home
  • Tags
  • Flipkart

Flipkart news and archive

Business

India´s regulator approves Flipkart's minority stake acquisition in ABFRL

The Competition Commission of India (CCI) approved on Wednesday Flipkart’s acquisition of a minority stake in Aditya Birla Fashion and Retail Ltd (ABFRL). India´s e-commerce giant Flipkart proposed to acquire 7.8 percent stake in ABFRL through its wholly-owned subsidiary Flipkart Investments Private Ltd (FIPL). Conversely, in October last year,...

loading...

Business |ANALYSIS Featured

SoftBank pushes Flipkart to focus on gaining market share; IPO definitely shelved

SoftBank Vision Fund, a Japanese reference investor in Flipkart, is pushing the Indian leading e-commerce group to make sales growth and market expansion its top priority. Sources close to the matter quoted by ‘Livemint’ indicated over the weekend that the already-delayed public offering is no longer on the agenda for the next three years at...

loading...