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Posts Tagged ‘ acquisition ’

The mad rush for GMV is over, says ShopClues CEO Sanjay Sethi

Monday, October 24, 2016 | More »

Sanjay Sethi, CEO, ShopClues.com
While the Diwali season turned into a battle between Amazon, Snapdeal and Flipkart; ShopClues, run by Clues Network Pvt. Ltd., has been quietly chasing profitability. The Gurgaon-based firm is confident of registering EBIDTA (Earnings before Interest, Taxes, Depreciation and Amortization) profitabil...

MakeMyTrip-ibibo merger

MakeMyTrip-ibibo merger: What it means for hotel aggregators

The merger between MakeMyTrip and Naspers-owned ibibo Group could benefit hotel aggregators in India in more ways than one. To begin with, it will reduce cash burn and discounting, founders of several hotel aggregation platforms told TechCircle. On Tuesday, NASDAQ-listed and India’s oldest onl...

20 October, 2016 | More »


Naspers: Master of consolidation in Indian Internet business

Consolidation is not an unfamiliar word for new-age Internet businesses. It signals a maturing of the industry after a burst of innovation backed by venture capital money. If the roughly decade-old history of Indian Internet industry is scanned, the real take-off with consumer adoption started only ...

20 October, 2016 | More »

Bob Iger

Disney working with bankers ​for a​ possible Twitter acquisition

Walt Disney has had talks about a potential acquisition of micro-blogging site Twitter and is working with bankers to evaluate a possible bid for the social media company, according to a report by the financial news agency Bloomberg. Some media reports have suggested that Twitter could fetch $30 bil...

27 September, 2016 | More »


Twitter starts talks to explore sale; Google, Salesforce potential suitors

Struggling microblogging platform Twitter Inc. seems to have inched closer to getting acquired. The San Francisco-based company has held preliminary talks with several technology companies, including Google and Salesforce, and could soon receive a formal buyout bid, international media reports said....

24 September, 2016 | More »

Honest Company

Unilever eyes Jessica Alba’s e-commerce firm The Honest Company

Consumer goods behemoth Unilever Plc is in talks to acquire consumer products startup The Honest Company, co- founded by Hollywood actress Jessica Alba, media reports said. The Wall Street Journal reported, citing people familiar with the matter it didn’t name, that Unilever is discussing a deal a...

16 September, 2016 | More »

Samar Verma Rohit Bagad

Fork Media acquires majority stake in ad-tech firm Inuxu

Advertising technology firm Fork Media Pvt. Ltd has acquired a controlling stake in Inuxu Digital Media Technologies Pvt. Ltd for an undisclosed amount. Queries sent to both companies regarding the deal value did not elicit a response by the time of writing this report. The Economic Times, however, ...

12 September, 2016 | More »


Quikr acquires Stepni, launches vehicle maintenance services

Online classifieds firm Quikr has acquired Stepni, a platform that connects vehicle owners with service providers nearest to them. The acquisition is aimed at strengthening QuikrCars, the vertical that focuses on automobiles including cars, bikes and commercial vehicles. It also opens cross-selling ...

7 September, 2016 | More »


Voonik acquires styling and personalisation app Dekkoh

Fashion etailer Voonik has acquired styling and personalisation app Dekkoh, it said in a statement. This is the firm’s sixth acquisition in the past one year. Dekkoh is a fashion discovery platform that allows users to chat with a personal stylist to buy clothing and accessories. The company, run ...

2 September, 2016 | More »


Chinese retailer buys Spice Group’s mobile e-commerce property Saholic

In an instance of an offline retailer buying an ecommerce property, Chinese handset retailer Beijing Digital Telecom has acquired 49% stake in Spice Online Pvt. Ltd, the online retail arm of Spice Group, according to BSE filings. Beijing Digital picked the stake through its Singapore-based subsidiar...

22 August, 2016 | More »

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