您现在的位置是:百科 >>正文
【】
百科91人已围观
简介Japanese telecom and investment giant Softbank just made sure Flipkart has plenty of cash to fight o ...
Japanese telecom and investment giant Softbank just made sure Flipkart has plenty of cash to fight off Amazon's aggressive push into India.
The firm poured $2.5 billion into the e-commerce giant in what the company claims is the biggest ever private funding deal for a tech company based in India.
SEE ALSO:Amazon may not always have the best prices, but that doesn't stop people from shopping there anywayThe move comes after Microsoft, Ebay, and Chinese tech giant Tencent all lined up behind Flipkart with a then-record-breaking $1.4-billion investment of their own earlier this year. Between the two infusions, Flipkart now has a war chest of around $4 billion.
"Very few economies globally attract such overwhelming interest from top-tier investors," Flipkart co-founders Binny and Sachin Bansal said in a joint statement. "It is recognition of India’s unparalleled potential to become a leader in technology and e-commerce on a massive scale."
Tweet may have been deleted
It may need every penny of that arsenal. Amazon CEO Jeff Bezos has decided India is the company's top prospective market abroad and pledged more than $5 billion to expansion efforts there.
Tweet may have been deleted
Softbank, a prolific tech investor thanks to its massive $100 billion Vision Fund, previously backed Flipkart rival Snapdeal and tried to broker a merger between the two companies before talks ultimately fell through last month.
“India is a land of vast opportunity," SoftBank CEO Masayoshi Son said in a statement. "We want to support innovative companies that are clear winners in India."
Softbank's investment fund, which is now one of Flipkart's biggest shareholders, is also backed by the government of Saudi Arabia, Apple, Qualcomm, and manufacturing heavyweight Foxconn, among others.
Flipkart also recently took over Ebay's operations in India as part of the investment deal.
Meanwhile, Amazon has been making moves of its own. It successfully introduced is discount extravaganza Prime Day in the country last month and recently won approval from the Indian government to start selling groceries.
Featured Video For You
Amazon's new fashion store will let you try on almost anything for free
TopicsAmazon
Tags:
转载:欢迎各位朋友分享到网络,但转载请说明文章出处“夫榮妻貴網”。http://new.maomao321.com/news/37d54699416.html
相关文章
'Rocket League' Championship Series Season 2 offers $250,000 prize pool
百科Rocket League。's competitive scene is just getting started.。The 。 Rocket League。Championship Series i ...
【百科】
阅读更多For $16,000, you can hunt with eagles in the wilds of Mongolia
百科Every October in Mongolia, among the high-altitude crags of the Altai Mountains, the ancient nomadic ...
【百科】
阅读更多The rise of Pepe the Frog is another sign of hate festering online
百科The ubiquitous green internet amphibian known as Pepe the Frog has been added to the Anti-Defamation ...
【百科】
阅读更多
热门文章
- 'The Flying Bum' aircraft crashes during second test flight
- Barack Obama asks Colin Kaepernick to consider 'pain' he's causing military families
- Dramatic video shows a kitten being rescued from a 12
- How to watch ELeague's 'Overwatch' Open this week
- Fake news reports from the Newseum are infinitely better than actual news
- Next time you get a phone alert, you won't be so terrified
最新文章
This chart shows just how high Simone Biles can jump
Trump campaign unveils 'Crooked Hillary' Snapchat filter before debate
The cast of 'Will & Grace' is up to a reunion of some kind
India's space agency launches 8 satellites into 2 orbits
Katy Perry talks 'Rise,' her next batch of songs, and how to survive Twitter
Smoke fills cabin on commercial flight, making an unscheduled landing