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Alphabet, Flipkart
Google parent Alphabet gets CCI's clearance to acquire stake in Flipkart, here's what the order says
India's Competition Commission (CCI) has approved Google parent Alphabet's investment in Flipkart. Alphabet's Shoreline International Holdings will ac
Alphabet gets fair trade regulator's clearance to acquire stake in Flipkart
Flipkart is a subsidiary of Walmart Inc and ultimately belongs to the Walmart Group. It is primarily engaged in the business of wholesale cash and carry of goods and providing marketplace-based e-commerce platforms to facilitate trade between customers and sellers in India.
Alphabet’s Shoreline Secures CCI Approval to Acquire Stake in Flipkart
The Competition Commission of India (CCI) has approved Alphabet Inc.'s Shoreline International Holdings LLC to purchase a portion of Walmart-owned Flipkart, marking a significant milestone for the country's e-commerce industry.
CCI greenlights Google parent Alphabet-owned entity investment in Flipkart
The CCI has approved a significant transaction involving Flipkart Private Limited, a Walmart Group company, and Shoreline International Holdings LLC, an Alphabet Inc.
Competition commission approves Alphabet’s stake acquisition in Walmart-owned Flipkart
The CCI stated that the deal includes an investment in Flipkart Pvt Ltd and an arrangement between an affiliate of Alphabet and Flipkart's subsidiary for specific service provisions.
Alphabet's Shoreline International Holdings gets approval from CCI for Flipkart stake acquisition
In May, Google became a minority investor in Flipkart's extended funding round, joining Walmart in providing $350 million. This investment brought the domestic marketplace's total funding to $950 million,
Alphabet arm gets CCI's clearance to acquire stake in Walmart's Flipkart
The Competition Commission on Tuesday granted approval to Alphabet's arm Shoreline International Holdings LLC to acquire a stake in Walmart group firm Flipkart.
CCI clears Google’s $350 million funding in Flipkart, Temasek’s investment in Rebel Foods
Google's $350 million investment in Flipkart is part of a nearly $1 billion funding round that valued the Indian e-commerce giant at $35-36 billion. Temaseks deal, a mix of primary and secondary share sales,
1h
on MSN
Alphabet Inc. (GOOG): 82% of US Workers Using AI at Work, Gen Z and Millennials Lead Adoption
We recently compiled a list of the 15 AI Stocks That are Making Headlines. In this article, we are going to take a look at ...
5d
on MSN
DOJ proposing forced sale of Google Chrome, could fetch $20 billion if judge OKs: Report
Bloomberg reported the U.S. Justice Department aims to force Google to sell Chrome, which could fetch as much as $20 billion.
8d
on MSN
Alphabet stock shrugs off report that the DOJ wants Google to sell off its Chrome browser
Being forced to sell off Chrome would mark a seismic shift for the search giant and its digital ads business, but such a move ...
3h
on MSN
Barron’s: Alphabet Inc. (GOOG) Set to Thrive Amid Antitrust Challenges and Generative AI Growth
We recently compiled a list of the 15 AI News You Should Not Ignore. In this article, we are going to take a look at where ...
4d
Weekly market wrap: Call to sell off web browser costs Google parent Alphabet $120B
The wipe out came after the U.S. Department of Justice called for divestiture of Chrome in a bid to curb Google's search and ...
16h
New startup named /dev/agents led by Ex-Google, Meta tech leaders raises $56M for AI agents
A new artificial intelligence startup co-founded by former Google LLC, Stripe Inc. and Meta Platforms Inc. executives named ...
6d
on MSN
Alphabet Inc. (GOOG): Google Tests New AI Text Selection Feature for Enhanced AI Overview
We recently compiled a list of the 15 AI News Updates You Might Have Missed. In this article, we are going to take a look at ...
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