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By 2016, Rocket India was seeking a buyer for the company, proposing relatively low prices such as $10 to $15 million. Foodpanda's business in India was acquired by Ola through an all-share deal on 11 December 2017, at a valuation of $40 to $50 million. Ola said it would invest around $200 million in additional funds into Foodpanda.
Ltd. Lazada Group ( Chinese: 來贊達; t/a Lazada) is an international e-commerce company and one of the largest e-commerce operators in Southeast Asia, with over 10,000 third-party sellers as of November 2014, and 50 million annual active buyers as of September 2019. [3] [4] [5] [needs update] Backed by Rocket Internet, Maximilian Bittner ...
In 2017, Shopee launched Shopee Mall with 200 brands in Singapore and the Philippines.The dedicated portal features thousands of products sold by leading brands and retailers in the region. Shopee Mall was created to offer a more diverse online shopping experience and to better cater to larger brands looking to pursue an omni-channel approach.
(Reuters) -Multiple artificial intelligence companies are circumventing a common web standard used by publishers to block the scraping of their content for use in generative AI systems, content ...
Elon Musk and others applauded an argument for merit-only hiring, but experts say they’re misunderstanding DEI.
On June 3, a data glitch led the global conglomerate's stock price to fall to $185 a share, having previously closed at over $620,000. The drop meant a more than 99% discount on the Warren Buffett ...
The Indian minister of agriculture Sharad Pawar meets representatives of the All India Fair Price Shop Dealer's Federation in 2004.. The Public Distribution System (PDS) is a food security system that was established by the Government of India under the Ministry of Consumer Affairs, Food and Public Distribution to distribute food and non-food items to India's poor at subsidised rates.
The chipmaker is set to lose $10 billion at current share price levels of $133.25. Peers Nvidia, Broadcom, Intel and Qualcomm were also down 0.2-2% in premarket trading.