The rumors are true: Walmart has bought a controlling stake in India’s Flipkart. This isn’t a straight-up acquisition, however, because, rather than going it alone, the U.S. retailer is enlisting strategic allies as it takes its fight to Amazon in a new region. Walmart has an existing offline retail business in India, but enter the online space […]
View More After buying Flipkart, Walmart seeks allies to join its fight against Amazon in IndiaCategory: tiger global
The future of e-commerce in India increasingly looks like an all-American affair
India’s technology industry is bracing itself for the next era of e-commerce warfare, which looks set to be waged and bankrolled by two gigantic corporations located halfway across the world: Amazon and Walmart. Amazon is already deeply committed to the country, where it has pledged to deploy over $5 billion to grow its business, and […]
View More The future of e-commerce in India increasingly looks like an all-American affairGlobal tech firms and investors are reshaping Latin America’s startup environment
Latin America is emerging as the new battleground for the global tech giants, and some of Silicon Valley and Asia’s biggest investors—from Sequoia Capital to SoftBank—are taking notice. International investment in Latin American startups has more than doubled since 2013, with 25 new investors entering the region in 2017 alone, including SoftBank, Didi Chuxing and… Read More