Flipkart Online Services Pvt. is nearing a final agreement to acquire rival e-commerce provider Snapdeal after winning support from the startup’s three primary venture investors, but the contract still needs backing from two of India’s most powerful businessmen, according to people familiar with the matter SoftBank Group Corp., the largest… Read more »
By Sundeep Khanna
With this, an entire category within e-commerce has been abandoned without being fully explored.
Chinese big data software developer and service provider Transwarp has raised $34 million in a series C round led by tech giant Tencent Holdings Ltd, while Jin Jiang International participated in a $43 million funding round of Canaan. Tencent leads $34m funding in Transwarp Chinese big data software developer and service… Read more »