Remove eCommerce Remove Investments Remove Restructuring Remove Valuation
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Sources Confirm Flipkart Is Looking To Raise $1B

PYMNTS

A source familiar with India’s top eCommerce company Flipkart told Reuters that the firm is hoping to raise as much as $1 billion in its latest funding round. One of Flipkart’s biggest competitors, India’s eCommerce company Snapdeal , shared that it is “restructuring” by laying off employees. While Flipkart recently raised $1.5

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Walmart Amazon Whole Paycheck Tracker: New Expansions, Partnerships And Reorganizations

PYMNTS

Things were a bit more active on the Amazon front, with a big infrastructure investment pushing its market cap back over the $1 trillion line, a new B2B financing partnership with Goldman Sachs potentially in the offing and its expanding stores and services menu. Market Cap Watch: Back to the Trillionaire Club With Logistic Investments.

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Uber’s Rough Ride Of A Week

PYMNTS

All of this [bad] news is expected to impact the rather complex investment deal that Uber and a SoftBank-led consortium are trying to close in order to add $7 billion to the $10 billion flow into Uber’s coffers. a share, a price that would decrease Uber’s $60 billion valuation by 30 percent. billion in funding.