Sentences with phrase «of flipkart»

The Zenfone AR carries a whopping model set up of Rupees 49,990 and would possibly be completely sold by strategy of Flipkart in India initiating currently.

You can get a free 3 - month subscriptions of Flipkart First, INR 1,500 Cachback on purchasing on 6/9/12 month EMI via HDFC / ICICI bank, preselected Flipkart eBooks worth INR 2,100 for free or the exchange offer.

The Flipkart DigiFlip Pro XT712 quad core tablet with 3G / Wi - Fi support is now available for Rs. 9,999 with offer worth Rs. 9,000 that includes free shopping worth Rs. 5300 from mobile app, free subscription of flipkart for 1 month, free plantronics ML2 Bluetooth headset worth Rs. 1199, free eBooks worth Rs. 2,300 and 50 % off on book case worth Rs. 799.

According to Hugo Barra, vice president of Xiaomi, the company wants to take advantage of Flipkart's experience in selling smartphones in the country.

first step that xiaomi will take is by getting rid of flipkart and selling via their own online shop.

One of the biggest attraction of this Flipkart Big Shopping Days Sale is that it has phones like Pixel 2, Mi A1 among the others and they are available at an unbelievable price!

With eKart, the logistics arm of Flipkart, the smartphones might get express service in terms of delivery and after sales support.

Honor, Huawei's online only smartphone brand, has managed to create a following for itself in the already crowded portfolio of Flipkart.

It Will Be Amazon Vs Walmart In India As The US Retail Giant Closes Deal To Buy Majority Of Flipkart

The company has agreed to buy 77 % of Flipkart Group.

«Meanwhile,» Cramer points out, «Walmart shells out $ 16 billion for 77 % of Flipkart, giving them an incredible e-commerce platform in India, one that is number one in fashion, number one in large appliances and number two in electronics.»

However, Kobo is doing significantly better in other markets (such as Italy) and with their new acquisition of Flipkart, India could be an interesting area of growth.

Here's one way to make sure Amazon doesn't get control of Flipkart in India by outbidding you for a majority stake: buy it outright.

Anil Goteti, Director (Retail) of Flipkart, also feels gifting books can come in handy at a time... [Read more...]

Anil Goteti, Director (Retail) of Flipkart, also feels gifting books can come in handy at a time when festive buying has been somewhat marred by the economic downturn prevailing in the country.

To be sure, the value of their investments has risen since they bought shares of Flipkart.

According to filings with the US Securities and Exchange Commission (SEC), the mutual fund managed by Fidelity Investments lowered the value of Flipkart shares it owns by 3.2 % and Valic marked down the value of its investment in the company by 11.3 %.

In its earlier markdown exercise, Fidelity Investments lowered the value of Flipkart shares by almost 40 % to $ 82 apiece as of 29 February 2016 from $ 135.8 in August last year while Valic marked down the valuation by 29 % to $ 98.19 a share from $ 139 apiece.

They together own about $ 6 million of Flipkart shares.

The last incident of markdown happened when a Morgan Stanley managed mutual fund reduced its valuation of Flipkart for the third time by 4.1 %, pegging its valuation at $ 9 billion.

Walmart has said it will retain the management team of Flipkart including CEO Kalyan Krishnamurthy

The sources added that Sachin Bansal, founder of Flipkart, was in the US last week to oversee final lap negotiations with Walmart.

Amazon's bid is a counter to Walmart, which is reportedly in advanced talks to become the largest shareholder of Flipkart.

The U.S. grocer may buy up to 20 pct of Flipkart, Amazon's arch-enemy in India.

Chasing the business started by former Amazon employees would suggest boss Jeff Bezos is worried by the idea of Flipkart uniting with Walmart.

By Nivedita Bhattacharjee and Sankalp Phartiyal BENGALURU / MUMBAI (Reuters)- Amazon.com Inc (NASDAQ: AMZN) has made a formal offer to buy 60 percent of Flipkart, CNBC - TV18 reported...

(One exception: It is nearing a deal to buy control of Flipkart, India's biggest e-commerce company, in what would be a multibillion - dollar transaction.)

The shareholders combined own more than 55 percent of Flipkart.

According to filings with the Registrar of Companies, the net loss of Flipkart Internet doubled to Rs 2,306 crore in 2015 - 16 from Rs 1,096 crore the year before.

He added that the deal is unlikely to happen as some of Flipkart's investors are unlikely to be interested in selling off.

( Reuters )-- Amazon.com has made a formal offer to buy 60 percent of Flipkart, CNBC - TV18 reported on Wednesday, potentially complicating Walmart's bid for majority ownership of the Indian online retailer.

BENGALURU / MUMBAI (Reuters)- Amazon.com Inc has made a formal offer to buy 60 percent of Flipkart, CNBC - TV18 reported on Wednesday, potentially complicating Walmart Inc's bid for majority ownership of the Indian online retailer.

BENGALURU / MUMBAI Amazon.com Inc has made a formal offer to buy 60 percent of Flipkart, CNBC - TV18 reported on Wednesday, potentially complicating Walmart Inc's bid for majority ownership of the Indian online retailer.

The Mint report said Amazon's offer could involve buying fresh shares of Flipkart at a valuation of as much as $ 21 billion.

Vanguard, which invested in Flipkart in the series G and H rounds it raised in 2014, marked down the value of Flipkart shares by 25 %, from $ 136.87 as on 30 September 2015 to $ 106.65 as on 31 March 2016, according to regulatory filings with the US Securities and Exchange Commission (SEC).

Walmart will likely end up with 60 % to 80 % of Flipkart, valued at about $ 20 billion.

Walmart is reportedly closing in on a big acquisition of Flipkart, and that single move could ignite yet another major fight between the big - box retailer and Amazon.

According to the report, Walmart could ultimately acquire between 60 % and 80 % of Flipkart through the transaction.

BENGALURU / MUMBAI, May 2 (Reuters)- Amazon.com Inc has made a formal offer to buy 60 percent of Flipkart , CNBC - TV18 reported on Wednesday, potentially complicating Walmart Inc's bid for majority ownership of the Indian online retailer.

Not exact matches

Amazon also offered Flipkart a breakup fee of $ 2 billion, the TV channel reported.

On Wednesday, Indian broadcaster CNBC - TV18 reported https://bit.ly/2jo03py that Amazon had offered Flipkart a breakup fee of $ 2 billion to convince it to discuss an offer, which analysts say would bring with it substantial antitrust challenges.

Last year, Softbank invested in more than half of the top 10 biggest investments in VC - backed start - ups, including WeWork, Indian e-commerce giant Flipkart, and ride - hailing giants Didi Chuxing, Grab and Ola.

Stacey Widlitz of SW Retail Advisors says if Walmart can forge a relationship with Flipkart in India, it's a huge win globally.

Yahoo! Japan Shopping maintains the biggest e-commerce selection in Japan with more than 290 million items, Flipkart holds 60 percent of the e-commerce market in India and Alibaba has grown net revenue by 61 percent in the last year, Son said.

Mark Cohen, director of retail studies at Columbia Business School and former Sears Canada CEO, discusses Macy's decision on buying Story, a retail entertainment concept, to implement in their stores as well as Amazon and Walmart in the race to acquire India's Flipkart.

Amazon has spent billions in India and now is running neck - and - neck with another local rival, Flipkart, for the title of market leader.

Flipkart's investors have been marking down their investments, dropping the company's valuation to about $ 11 billion from $ 15 billion at the start of the year.

Tiger Global Management will sell nearly all its 20 % stake in Flipkart, while SoftBank Group Corp. will offload a substantial part of its 20 percent - plus holding.

As Amazon continues to expand its dominance over the e-commerce space, the world's largest retailer, Walmart, is now in the process of closing a deal to acquire Flipkart, the...

If Walmart takes a controlling stake in Flipkart, Alphabet may invest in the development of this business.