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Walmart, which is trying to acquire a big stake in Indias leading eCommerce player Flipkart, has reportedly convinced some of its key shareholders to sell their聽stakes to the retailer.The Economic Times聽reported that Walmart has reached agreements with Tiger Global Management, the New York investment firm; Naspers, the South African media conglomerate; Accel, the venture capital firm and Tencent Holdings, the Chinese company, to purchase their stakes in Flipkart.SoftBank, which is Flipkarts largest shareholder, is still holding out for a better offer price. T <a href=https://www.stanleycups.us>stanley cup</a> he Economic Times reported that Flipkart Founders Sachin Bansal and Binny Bansal could sell some of their stake as well. The shareholders聽combined own more than 55 percent of Flipkart. SoftBank has a 20 percent stake in Flipkart and is hoping to get $15 billion to $17 billion via a secondary share offering. Discussions with <a href=https://www.stanleycup.fr>gourde stanley</a> SoftBank are still ongoing 鈥?Most of the others have come aboard. In a deal like this, there are always ebbs and flows, but there is a time factor to consider as well, said an unnamed source in the report. In addition to purchasing the s <a href=https://www.stanleycup.com.de>stanley becher</a> hares, Walmart is expected to invest new capital in Flipkart, which could result in a deal that is worth $10 billion to $12 billion.For Walmart, acquiring a stake in Flipkart would enable it to access a market of more than 1 billion people. Unlike rival Amazon, which has invested in India and now trails Flipkart closely, it has had a tough time cracking the Indian mark
Direct-to-consumer D2C businesses may not have much of a presence <a href=https://www.cups-stanley-cups.us>stanley website</a> in the Asia Pacific APAC area, but with significant investments planned in the near future, D2Cs are poised to grow dramatically in the region even within the next year.For the PYMNTS study The Emerging APAC Opportunity Playbook: Mapping International Expansion Edition, created <a href=https://www.stanleycups.co.nz>stanley cup nz</a> in collaboration with Citcon, we surveyed 500 businesses located across the United States, the United Kingdom and Canada to get a sense of how important the APAC region is to their expansion strategies.What we found reveals that D2C retailers are behind the curve in the region, but likely not for long.Get Your Copy: The Emerging APAC Opportunity Playbook: Mapping International Expansion EditionThe study found that only one in five D2C manufacturers are currently selling in the region, well behind other types of businesses, but an additional 17% are planning to enter the area in the next year. At that point, the categorys presence in the region will be comparable to that of marketplace eTailers and omnichannel retailers. Indeed, <a href=https://www.cup-stanley-cup.ca>stanley water bottle</a> a greater share of D2Cs are planning their entrance into the area than any other kind of online seller apart from specialty eTailers.In fact, 73% of D2C manufacturers expect their APAC sales to increase in the next three years, and 42% expect their APAC sales to increase by more than 50% in that time. Moreover, D2C manufacturers are expecting significantly higher cross-border sales increases in the region th Csvc Vyze Doubled Its Financing Volume Last Year
Walmart, which is trying to acquire a big stake in Indias leading eCommerce player Flipkart, has reportedly convinced some of its key shareholders to sell their聽stakes to the retailer.The Economic Times聽reported that Walmart has reached agreements with Tiger Global Management, the New York investment firm; Naspers, the South African media conglomerate; Accel, the venture capital firm and Tencent Holdings, the Chinese company, to purchase their stakes in Flipkart.SoftBank, which is Flipkarts largest shareholder, is still holding out for a better offer price. T <a href=https://www.stanleycups.us>stanley cup</a> he Economic Times reported that Flipkart Founders Sachin Bansal and Binny Bansal could sell some of their stake as well. The shareholders聽combined own more than 55 percent of Flipkart. SoftBank has a 20 percent stake in Flipkart and is hoping to get $15 billion to $17 billion via a secondary share offering. Discussions with <a href=https://www.stanleycup.fr>gourde stanley</a> SoftBank are still ongoing 鈥?Most of the others have come aboard. In a deal like this, there are always ebbs and flows, but there is a time factor to consider as well, said an unnamed source in the report. In addition to purchasing the s <a href=https://www.stanleycup.com.de>stanley becher</a> hares, Walmart is expected to invest new capital in Flipkart, which could result in a deal that is worth $10 billion to $12 billion.For Walmart, acquiring a stake in Flipkart would enable it to access a market of more than 1 billion people. Unlike rival Amazon, which has invested in India and now trails Flipkart closely, it has had a tough time cracking the Indian mark
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