February 10th, 2020Volvo Cars and its Chinese owner considered to merge in a single entity for better financial results during this slow growth moment.
November 17th, 2018The e-commerce fashion players Myntra and Jabing that have played a major role in the industry are reportedly merging and this has come days after Walmart put the two fashion businesses of the Flipkart Group under direct control of CEO Kalyan Krishnamurthy.
"Since Myntra’s purchase of Jabong in mid-2016, the two brands have been...
October 27th, 2018Mexico-based electric scooter startup Grin has reportedly merged with Brazil-based Ride to further carry forward the company’s expansion across Latin America.
As of now, the Y Combinator-backed Grin only operates in Mexico City, but it has plans to expand to other cities throughout Latin America. This recent merger will enable...
August 7th, 2018China’s largest conglomerate Alibaba Group is planning to bring together and merge its food delivery units. The units that are getting merged are food delivery platform Ele.me and food and lifestyle services firm Koubei.
The purpose behind this move is to raise funds for the combined business and also to intensify the battle with...
June 8th, 2018The telecom industry organization COAI (Cellular Operators Association of India) on Thursday announced the appointment of Sunil Sood as the chairman of the company who was the Managing Director & CEO of Vodafone India since 2015. Ajai Puri, who has been the Chief Operating Officer of Bharti Airtel will be the vice chairman of the...
February 4th, 2018Computer maker Dell said on Friday it was considering a public offering of common stock or a combination with business software maker VMware, its publicly held subsidiary.
Dell, the world's largest privately held technology company, is under pressure to boost profitability after its debt-laden acquisition of data storage provider...
September 23rd, 2017SoftBank's American telecommunications holding company that provides wireless services, Sprint and Deutsche Telekom's T-Mobile are very close to carry out a merger, a major breakthrough in efforts to merge the third and fourth largest U.S. wireless carriers.
According to the reports, after the stock-to-stock merger, Deutsche Telekom...
August 1st, 2017E-commerce major Flipkart today said it has completed the merger with eBay Indias operations.
With this, eBay.in will now be a Flipkart Group company. The deal was announced in April when the Flipkart group raised USD 1.4 billion from global technology majors eBay, Tencent and Microsoft.
In exchange of an equity stake in Flipkart,...
