Flipkart raises $1.4 billion, acquires eBay business in India
India's largest e-commerce firm Flipkart has raised $1.4 billion from Tencent Holdings, Microsoft Corp and eBay Inc amid speculation that the online marketplace is in talks to take over smaller rival Snapdeal.
Apr 10, 2017, 15:36 PM ISTChina's Tencent seeks additional loan worth $2 billion
China`s Tencent Holdings Ltd is seeking a loan of up to $2 billion, part of a flurry of fund-raising by the country`s Internet giants, two people involved in the financing told Thomson Reuters LPC, a loan-focused news service.
Apr 15, 2016, 16:04 PM ISTFord guns for China's app addicts, seeks WeChat tie-up
Ford Motor Co wants Tencent Holdings Ltd to tailor its popular chatting app for the firm`s cars in China.
Feb 17, 2015, 09:06 AM IST