Tag Archives: Flipkart

Amazon’s New Nemesis: Softbank Pouring Billions Into Each Flipkart, Snapdeal AND Paytm

We talked yesterday about Softbank emerging as the biggest e-commerce investor worldwide. SoftBank and its equity fund for tech investments, Vision Fund, have just now invested $2.5 billion into Flipkart. Economic Times: SoftBank, the world’s largest technology investment firm, has bought a fifth of India’s most valuable startup – Flipkart — for a mammoth $2.5 […]

Snapdeal Rejects Flipkart Offer, Will Sell Off Some Non-core Assets to Stay Independent

The Indian drama that keeps on giving. Bloomberg: Snapdeal rejected an acquisition bid from rival Flipkart Online Services Pvt, saying it will compete alone in India’s e-commerce market. Snapdeal, which said it will sell off some non-core assets, is set to post a gross profit this month, the startup said in an emailed statement Monday. […]

Flipkart to Buy Snapdeal for $900 to $950 Million, Softbank Will Own 20% of Flipkart

After months of negotiations, Flipkart buying Snapdeal is close to finally happening. And Snapdeal investor Softbank will emerge as a major force in Indian ecommerce as a result. According to Reuters, only a few smaller shareholders remain to be convinced: The board of Jasper Infotech, which runs Snapdeal, approved Flipkart’s bid of $900 million-$950 million […]

Amazon’s Ruthlessness and Growing Power Across Industries Creates Powerful Enemies

Amazon is growing and growing and is getting more powerful every day. AWS, Amazon Prime with its Video component and the Alexa platform, Amazon Marketplace and Amazon Business, for example, are all very distinct businesses in different markets. They all benefit from being part of something greater. The power of cross-subsidisation is something we have […]

Flipkart

Why the Battle Between Flipkart and Amazon Has to Be a Battle Between Marketplaces

Because of Indian laws, the battle between Flipkart and Amazon (and Alibaba via Paytm) is a battle of marketplaces. Ben Thompson at Stratechery on the regulatory particularities regarding the Indian market (paywall): The Indian government forbids foreign direct investment in retailers that sell directly to consumers; therefore Amazon (by virtue of being owned by Amazon, […]

eBay

What the Flipkart Deal Means For eBay

Economic Times on the new partnership between eBay and Flipkart and the sale of eBay India: eBay.in will continue to operate as an independent entity within Flipkart and the deal is expected to close later this year, the company said. The Bengaluru-based e-tailer has also signed an exclusive cross-border trade agreement, as a result of […]

Flipkart

Flipkart Acquires eBay India and Raises $1.4Bn from eBay, Tencent and Microsoft

The new financing round we had talked about here, is official now. Economic Times: India’s largest e-commerce marketplace Flipkart has announced a $1.4 billion fundraise from new investors Tencent, eBay and Microsoft. This is the largest fundraising round for Flipkart that has raised around $4.6 billion from investors like Tiger Global Management, Naspers Group, Accel […]