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Walmart buys 77% equity stake in Flipkart for $16 bn

Walmart buys 77% equity stake in Flipkart for $16 bn

Bengaluru : In a mega deal in India’s e-commerce space, global retail giant Walmart Inc on Wednesday announced it was buying 77 per cent equity stake in the country’s largest e-tailer Flipkart for $16 billion. “Subject to regulatory approval in ...

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Amazon bringing 3,000 more jobs to Canada

Amazon bringing 3,000 more jobs to Canada

By Barry Ellsworth, Trenton, Canada: Canadian Prime Minister Justin Trudeau and Amazon jointly announced Monday that the online retailing giant will add 3,000 employees to its Vancouver operation. In addition, Amazon will build a new office tower that is expected ...

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Twitter bans Russia-based Kaspersky Lab from buying ads

Twitter bans Russia-based Kaspersky Lab from buying ads

Moscow/New Delhi : Twitter has banned Russia-based cyber security firm Kaspersky Lab from advertising on its platform, stating that the company “operates using a business model that inherently conflicts with acceptable Twitter Ads business practices.” In an open letter to ...

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