Posts Tagged ‘ Tiger Global Management ’
Tuesday, February 28, 2017
Indian e-commerce firm Flipkart has suffered its second markdown in as many months with a mutual fund managed by Morgan Stanley slashing the value of its stake in the company by 3%. According to filings with the US Securities and Exchange Commission (SEC), a Morgan Stanley fund lowered the value of ...
E-commerce firm ShopClues has appointed Zopper executive Harneet Singh as vice president of marketing and Reliance executive Babu Vittal as head of human resources, a statement issued by the firm said. “Both of them come with solid experience in their respective fields and we look forward to the p...
28 February, 2017 |
Fidelity Rutland Square Trust II, the mutual fund managed by Fidelity Investments, has lowered the value of its investment in Flipkart by 36.1%, valuing the e-commerce marketplace at $5.56 billion, nearly a third of its peak valuation of $15.2 billion in 2015. According to filings with the US Securi...
25 January, 2017 |
US-based Amazon.com Inc and Indian online retailer Flipkart have dropped a bid to acquire Middle East-based horizontal e-commerce venture Souq.com due to a disagreement over price, Bloomberg reported on Wednesday. Souq.com has now reached out to Dubai-based mall company Majid Al Futtaim, the report ...
18 January, 2017 |
A mutual fund managed by Morgan Stanley has marked down the value of its shares in Flipkart by 38.2% leaving India’s largest e-commerce marketplace’s valuation at $5.57 billion, nearly a third of its peak valuation of $15.2 billion last year. The fund has slashed the value of its Flipkart shares...
29 November, 2016 |
After a string of six successive markdowns, Indian e-commerce giant Flipkart has received a welcome break from American mutual fund company Fidelity Investments. The US-based company’s Fidelity Rutland Square Trust II fund has hiked the value of its shares in the company. According to filings with...
28 July, 2016 |
Kalyan Krishnamurthy, director (finance – portfolio companies) at Tiger Global Management, has been appointed as the interim chief financial officer (CFO) of India’s largest consumer e-commerce firm Flipkart Online Services Pvt Ltd. The company has also started looking for a full-time CFO and wi...
27 May, 2013 |
Silicon Valley-based SurveyMonkey, a firm that lets users create online surveys, has raised $800 million in debt and additional equity funding, which it will distribute in a tender offer, according to AllThingsD. Around $450 million of the total amount will come from new investments by a number of i...
17 January, 2013 |