Singapore logistics firm Ninja Van raises $279 million
eCommerce logistic startup Ninja Van raises $279 million in funding from Facebook co-founder Eduardo Saverin’s B Capital and ride-hailing firm Grab.
eCommerce logistic startup Ninja Van raises $279 million in funding from Facebook co-founder Eduardo Saverin’s B Capital and ride-hailing firm Grab.
Online eCommerce platform Amazon opens up a new cashierless grocery store in Seattle known as Amazon Go.
Anil Ambani led Reliance group backed Square Yards has acquired Mumbai-based rental platform Azuro.
Thomas Cook India has entered into an agreement to acquire the rights of the Thomas Cook brand in India, Sri Lanka, and Mauritius.
The fintech company West Creek brings its total credit facility capacity to $250 million including this funding round.
Flipkart forays into the offline space with its decision to set up the first Furniture Experience Centre in Bengaluru.
PayPal is expanding further in Europe by launching its international money transfers service Xoom in Britain.
oyo raises series E funding
Startup Luckin coffee fight against Starbucks
The founder of Future Group Kishore Biryani is looking forward to grab the opportunity to build an Indian Amazon or Alibaba. This has come up after the government has banned online marketplaces from selling products by companies in which they hold stakes and also curbed exclusive marketing arrangements that could influence product prices. “It’s a game-changer […]
SoftBank Group is in advanced talks to invest $1.5 billion in Grab, three times a previously expected $500 million, as Southeast Asia’s biggest ride-hailing firm looks to expand, a person with knowledge of the matter said. Six-year old cab aggregator Grab has so far raised over $6.5 billion, led by SoftBank, Chinese ride-hailing firm Didi Chuxing and […]
Alibaba has appointed a new CEO at its e-commerce firm in Southeast Asia known as Lazada. Previous CEO Lucy Peng stepped down to be replaced by Lazada executive president Pierre Poignant after just nine months in the role. The company owns 90 percent of Lazada and has been involved in the business since April 2016 when it bought […]