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Tag: minority

Flipkart acquires minority stake in Arvind Youth Brands for Rs 260 cr, Retail News, ET Retail

New Delhi: Walmart-owned e-commerce company, Flipkart, has invested Ts 260 crore to buy a minority stake in Arvind Youth Brands, the company said in a statement. Arvind Youth Brands is the recently formed subsidiary of Arvind Fashion and owns the Flying Machine brand. Through this investment, the Flipkart Group and Arvind Fashions will work collaboratively …

Flipkart acquires minority stake in Arvind Youth Brands for Rs 260 cr, Retail News, ET RetailRead More

Infibeam seen in talks to sell minority stake to Fairfax Financial Holdings, Retail News, ET Retail

AHMEDABAD: Infibeam is in talks with Prem Watsa’s Fairfax Financial Holdings to sell a minority stake, a person with direct knowledge of the matter said, even as the local ecommerce firm looks to expand into offline retail.The company is also considering strategic investment in and buyouts of retail chains that are using its platform to …

Infibeam seen in talks to sell minority stake to Fairfax Financial Holdings, Retail News, ET RetailRead More

Deliveroo argues UK probe into Amazon’s minority stake is speculative

A food delivery courier places a bag of food into the back of his bicycle as he prepares to deliver an order from Deliveroo in London. Simon Dawson | Bloomberg via Getty Images Britain’s competition probe into Amazon’s minority investment in food delivery service Deliveroo is “speculative” and not grounded in evidence, the two companies argued …

Deliveroo argues UK probe into Amazon’s minority stake is speculativeRead More

Etsy doubles minority hires but still has work to do

An employee walks past a quilt displaying Etsy Inc. signage at the company’s headquarters in the Brooklyn. Victor J. Blue/Bloomberg via Getty Images Etsy said Wednesday it continued to diversify its workforce over the last year, but stressed it has more work to do. The e-commerce site said it doubled its number of black and …

Etsy doubles minority hires but still has work to doRead More