Mumbai, Jul 18th, 2021: Reliance Retail Ventures Ltd (RRVL) will acquire a 40.95 percent stake in Just Dial for around $500 million to bolstering its digital services in India. Reliance investment in Just Dial is part of the conglomerate’s digital bet. Over the past many quarters, Reliance has announced a number of investments in companies […]
Reliance Retail raises $1.3 billion from the Saudi Arab based Public Investment Fund for a 2.04 stake.
Reliance and Amazon hold a discussion to acquire a 40 percent stake in Reliance retail worth about USD 20 billion.
Yahoo Japan acquires a majority stake in the online fashion retailer firm Zozo.
Spencer’s Retail acquire Nature basket grocery store.
Kishore Biyani reappointed as Future Retail MD
Big Bazaar opens new outlet
Tesla closing its retail sales stores
Naresh Ramamurti, one of the three sales leads for retail in the US at Infosys has stepped down from his position. Ramamurti, vice president and Regional Head – Americas – Consumer, Retail and Logistics, has been reporting to Karmesh Vaswani, who heads the retail business segment globally. Between 2011 and mid-2017, he was reporting to Sandeep Dadlani, who quit last […]
China’s second highest-profile investor behind Alibaba known as JD.com has partnered with another U.S. tech giant that is Intel. Both the companies stated that they will set up a “lab” focused on bringing Internet-of-Things technology into the retail process. This would probably include new-generationvending machines, advertising experiences and more. That future is mostly offline — […]
Walmart has reportedly became the No. 3 online retailer in the U.S. overtaking the technology giant Apple. Walmart has been recently making various efforts and it seems that the company got the reward. Amazon still leads by a wide margin, accounting for 48 percent of e-commerce sales in 2018. On the other hand, Walmart (including […]
Xiaomi has become one of the most popular smartphone brands in the world and with its expansion spree, the company continues at speed up after it announced plans to open its first retail store in London. The Chinese smartphone maker is popularly known for developing quality Android phones at affordable prices and already it has launched devices […]