By Anirban Sen
The acquisition also expands InMobi’s presence in the US, the world’s biggest market for advertising.
Gobee.bike said it would continue operating its bright-green bikes in Paris – where it leads China’s Ofo and Singapore’s oBike
Paytm Money is the fourth product from One97’s stable after Paytm Mall, Paytm Payments Bank and Paytm wallet.
Kunlun, which acquired a 61.53% stake in Grindr in January 2016, has acquired the remaining 37.4% stake for $152 million
Didi said it had reached a cooperation agreement with Chinese bike-sharing firm Bluegogo, which will be hosted on its platform.
The different approaches by Flipkart and its fully-owned, UPI-based payments arm PhonePe, highlights a broader strategy on Flipkart’s part to create large, independent, revenue-generating businesses inside the group.
Central Group, which controls Thailand’s biggest operator of shopping malls and department stores, expects online sales to account for as much as 15 percent of its revenue in five years, from 2 percent now.
One of the wealthiest people in the world on paper, Kalanick would become an actual billionaire for the first time as a result of the sale.
Reigning ride-hailing giant Didi, which successfully pushed Uber out of China in 2016 by acquiring its operations in return for a minority stake, is unfazed by the new challengers.
Didi led a $100 million investment in 99 Taxis a year ago. “Globalization is a top strategic priority for DiDi,” Cheng Wei, Didi CEO, said in a statement.