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Flipkart, Google and Alphabet
Google parent Alphabet gets CCI's clearance to acquire stake in Flipkart, here's what the order says
India's Competition Commission (CCI) has approved Google parent Alphabet's investment in Flipkart. Alphabet's Shoreline International Holdings will ac
Alphabet gets fair trade regulator's clearance to acquire stake in Flipkart
Flipkart is a subsidiary of Walmart Inc and ultimately belongs to the Walmart Group. It is primarily engaged in the business of wholesale cash and carry of goods and providing marketplace-based e-commerce platforms to facilitate trade between customers and sellers in India.
CCI approves Google's investment in Walmart-backed Flipkart
Google joined Flipkart's captable as a minority investor in May earlier this year with an infusion of $350 million to expand its cloud collaboration.
Alphabet Acquires Stake in Flipkart Amid Competitive Marketplace Strategies
The Competition Commission approved Alphabet's Shoreline International Holdings LLC's stake acquisition in Flipkart, a Walmart group firm. This involves share subscription, further cementing Alphabet's investment strategy in Indian e-commerce.
Alphabet's Shoreline International Holdings gets approval from CCI for Flipkart stake acquisition
In May, Google became a minority investor in Flipkart's extended funding round, joining Walmart in providing $350 million. This investment brought the domestic marketplace's total funding to $950 million,
Competition Commission clears Alphabet’s investment in Flipkart
MUMBAI: Indian ecommerce giant Flipkart -owned by US retail major Walmart - has a new minority shareholder. India’s monopolies and fair trade watchdog, the Competition Commission of India, on 26 November,
Competition commission approves Alphabet’s stake acquisition in Walmart-owned Flipkart
The CCI stated that the deal includes an investment in Flipkart Pvt Ltd and an arrangement between an affiliate of Alphabet and Flipkart's subsidiary for specific service provisions.
CCI greenlights Google parent Alphabet-owned entity investment in Flipkart
The CCI has approved a significant transaction involving Flipkart Private Limited, a Walmart Group company, and Shoreline International Holdings LLC, an Alphabet Inc.
Alphabet arm gets CCI's clearance to acquire stake in Walmart's Flipkart
The Competition Commission on Tuesday granted approval to Alphabet's arm Shoreline International Holdings LLC to acquire a stake in Walmart group firm Flipkart.
CCI clears Google’s $350 million funding in Flipkart, Temasek’s investment in Rebel Foods
Google's $350 million investment in Flipkart is part of a nearly $1 billion funding round that valued the Indian e-commerce giant at $35-36 billion. Temaseks deal, a mix of primary and secondary share sales,
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12h
CCI Approves Flipkart Share Subscription Deal Between Shoreline International Holdings and Walmart Subsidiary
Shoreline International Holdings LLC is a wholly owned subsidiary of Alphabet Inc. (which, along with its subsidiaries, ...
14h
With Walmart upbeat about the shopping season, is now the time to buy the stock?
The stock is now up more than 60% year to date, as of this writing. The question for investors is, can the momentum in the ...
6d
on MSN
What Walmart CFO said on Flipkart's biggest sale of the year 2024
Flipkart's biggest annual sale of the year, popularly known as Big Billion Days (BBD) sale -- found a mention in US' biggest ...
6d
How Flipkart BBD sale boosted Walmart Sales, stock projected to go up
Flipkart's Big Billion Days (BBD) sales extravaganza helped Walmart's foreign business soar in the third quarter of FY25.
16h
on MSN
With Walmart Upbeat About the Holiday Shopping Season, Is Now the Time to Buy the Stock?
Even as consumers have experienced some continued stress from the prior period of high inflation, Walmart (NYSE: WMT) ...
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6d
Flipkart appoints Walmart exec Dan Bartlett to Board
Bartlett, who is the Executive Vice President, Corporate Affairs, at Walmart, will be a Board Member effective November 21, ...
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