Tag Archives: Softbank

Fanatics and the Rise of E-Commerce Top Investor Softbank

SoftBank Group Corp’s Vision fund strikes again and invests $1 billion in online sports merchandise retailer Fanatics. We recently talked about this deal when it was rumored: Fanatics is a fascinating case for how an online retailer can entrench itself into the industry it is working in. But Softbank is the bigger story here: The […]

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 […]

Softbank, Giving Out Money Like Candy, Is the Biggest E-Commerce Investor Worldwide

Softbank is a company everyone in e-commerce should keep an eye on. CNBC on the most recent Softbank news: Online sports merchandise retailer Fanatics is the latest company to get a cash infusion from SoftBank, a source close to the matter told CNBC. SoftBank and Fanatics are close to sealing a $1 billion deal, raising […]

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 […]

Fight for India Intensifies: Flipkart May Buy Snapdeal, and May Merge With eBay India

There are rumors going around for a while now that Snapdeal is in talks with rivals Flipkart, Paytm for a potential sale: Online marketplace Snapdeal is in talks with domestic rivals Paytm E-Commerce Pvt Ltd and Flipkart for a potential sale, Indian daily business newspaper Mint reported on Wednesday, citing sources. ​There seems to be […]