eBay to sell StubHub for $4 billion to Swiss rival
The move will allow Viagogo, which already sells tickets for live sport, music and entertainment events, to boost its footprint to more than 70 countries around the world. The deal comes after eBay's leadership change earlier this year and announcement that it was mulling asset sales in the face of slumping profits.
'Rise of Skywalker' script ended up on eBay because of one actor's silly mistake
The film-maker J J Abrams revealed how the script of his upc...
Trade optimism propels S&P 500, Nasdaq to record highs; Apple biggest boost
Trade deal hopes and robust third-quarter corporate earnings have...
Algorithm versus small businesses: an unequal battle
Studies suggest that customer’s behaviour has now been shifted to need-based decision rather than brand-driven decision. 70 percent of the word searches done on Amazon are for general goods.
Singapore-based e-commerce platform Qoo10 acquires ShopClues in all-stock deal
The transaction is believed to have valued ShopClues at $70-$100 million, it was valued at $1.1 billion in late 2015.
Expect Paytm Mall biz to break even in a year: Vijay Shekhar Sharma
"Paytm Mall business is close to break-even, USD 3 million EBIDTA loss a month and USD 1.2-1.3 billion run rate. In a day, we do 275,000-300,000 orders a day."
China’s sneakerheads chase 6,600% returns flipping Air Jordans
Across China, more than 10 million monthly active users frequent online-resale apps, such as Poizon, Nice and DoNew, according to Chinese data-mining company QuestMobile. Most of what’s traded on these platforms are basketball sneakers.
Why you should give the yellow pea a chance
Even among pulses, the vast protein rich and flatulent family it falls in, dried yellow peas rarely receive the attention given to other beans and lentils, or even fresh or frozen green peas.
The week top CEOs got smacked
Witness Uber, Theranos and WeWork. Their charismatic founders raised billions of dollars and won over A-list investors before crumbling under pressure.
eBay returns to India with 5.5% Paytm Mall stake
Deal, pegged at $150 million, will help eBay load its global inventory in India.
WhiteHat Jr scores $10 million in Series A
This is the second ed-tech bet by Owl in India in the last three months.
Amol Sarva’s unicorn startup is challenging WeWork
With the proceeds from its recent fundraising, Knotel intends to get “way deeper” in cities it’s already present, such as New York, San Francisco and Los Angeles.
Paytm Mall cuts all functions from parent company
Paytm Mall has fully integrated its deals platform Nearbuy, which it acquired in December 2017, with its app and started mapping neighbourhood offline stores.
China e-comm story: There is little you can't buy on Alibaba’s Taobao app
Every month, some 63.4 crore consumers, nearly half of China's population, use this app on their smartphones.
Paytm Mall closes down warehouses to cut costs
This will help the sellers on its platform to use local courier services for delivery.
Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service