Category: Business
Marking quite a radical departure from its primary car-pooling business, BlaBlaCar, the world’s renowned long-distance ridesharing community, has recently announced a surprise offer of acquiring Ouibus, a French intercity bus service provider. Reportedly, the negotiators are still working on the deal, and nothing has been …
Japan’s SoftBank Group’s mobile unit has recently cleared a 2.4 trillion yen IPO (initial public offering) and has received a green signal from the Tokyo Stock Exchange. Reportedly, the IPO is said to be one of the biggest ever and will be feeding the company …
Reports indicate that Jakarta based ride-hailing giant Go-Jek has announced a tie-up with DBS as it is getting closer to its launch in Singapore. Meanwhile, its rival Grab has apparently signed an agreement with United Overseas Bank (UOB), a competitor of DBS, to be its …
Recently Amazon announced the launching of its audiobook service Audible in India. The subscription-based service that has been much awaited in the country is the second to be launched by the online retail behemoth after it launched Prime. The Audible subscription is expected to complement …
Reports confirm that consumer and commercial product maker Newell Brands, Inc. is selling its Jostens and Pure Fishing businesses for a total of $2.5 billion. The decision follows a sequence of asset sales by the company which is attempting to increase its focus towards more …
The US-based retail giant Walmart has reportedly revealed a plan to invest about INR 3,200 crore to add over 47 new B2B carry and cash outlets in India. As per trusted sources, this would expand the retailer’s presence in the nation and take the total …
The American printing company, Quad/Graphics, Inc. has recently announced plans to acquire leading printing and digital media solutions firm, LSC Communications, Inc. in an all-stock transaction valued at $1.4 billion, creating a combined company that would amass a revenue of around $8 billion through the …
12CM Inc., a developer of foundational technology for smart stamps, has reportedly inked a memorandum of understanding (MoU) with Heptagon Square, a Netherlands-based IT firm, and Lucrion GmbH, a German marketing company, at Global Mobile Vision 2018 to form a joint venture. A member firm …
