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Donald Trump has accused Amazon of draining the Postal Service of money it can’t afford to lose. The Postal Service has lost more than $65 billion over the past decade as Americans increasingly transmit messages online, according to the order. Photo: AFP

Sat, Apr 14 2018. 04 47 PM IST

Donald Trump’s campaign chief pushes to raise Amazon shipping rates

Trump issues a surprise order for his administration to study the US Postal Service after his campaign manager complained to him that taxpayers are subsidizing Amazon at the expense of small businesses

Focused on low-income customers and those working in the informal sector, Kaleidofin offers tailored financial services such as insurance, saving schemes and credit through a mobile application.

Mon, Apr 09 2018. 11 18 PM IST

Financial services start-up Kaleidofin raises $2.8 million in a round led by Omidyar Network

Kaleidofin to use the funds primarily to forge partnerships with intermediaries and customer groups, such as banking correspondents, cooperatives, self-help groups, and microfinance institutions

Alibaba Group headquarters at Hangzhou in China’s Zhejiang province. None of Alibaba’s peers has a goodwill-to-asset ratio that comes anywhere close. Amazon stands at 10.2%, eBay at 18.4% and JD.com at a mere 3.6%. Photo: Reuters

Tue, Apr 03 2018. 06 46 PM IST

Alibaba chock-full of goodwill might lay off those deals

As Alibaba’s deal count climbs, so does the goodwill on its balance sheet, and by December end, it surpassed $25 billion, over 10 times the $1.9 billion held in March 2014

Sri Shivananda, senior vice-president and chief technology officer of PayPal.

Thu, Mar 01 2018. 02 29 AM IST

PayPal’s Shivananda: The future of financial services is algorithmic and experience-centric

PayPal CTO Sri Shivananda on the dynamic digital payments market and the impact of emerging technologies such as artificial intelligence and blockchain

Amazon paranoia is not new. Some companies have long avoided selling their products on Amazon or using the company’s payments tools. Photo: Reuters

Fri, Feb 16 2018. 07 04 PM IST

Worried about Amazon, companies run into Google’s arms

Run down the list of private sectors that spend the most on information technology—health care, banking, retail, insurance—and all of them worry Amazon is coming for them

A deal with Walmart would give Flipkart much-needed muscle in its fight against Amazon, which has committed to investing $5 billion in India as it expands aggressively, including into online grocery deliveries. Photo: Hemant Mishra/Mint

Fri, Feb 16 2018. 02 32 PM IST

Walmart said to be in talks to buy over 40% stake in Flipkart

Walmart is looking at buying new and existing shares in Flipkart and due diligence is likely to begin as early as next week

EBay accounts for roughly 13% of total payments processed by PayPal. Photo: Reuters

Thu, Feb 01 2018. 11 46 AM IST

PayPal shares fall after eBay announces new payment partner

PayPal said eBay shoppers will still be able to select PayPal as a form of payment until at least July 2023

South African Internet group Naspers has emerged as the front runner to lead a $150-200 million investment in Swiggy. Photo: Mint

Thu, Jan 04 2018. 12 27 PM IST

Deals Buzz: Naspers may partner Tencent to deliver $200 million to Swiggy

In other news, Cargill India is expanding its presence in the country and has prepared a plan to broaden its portfolio

eKart, controlled by Instakart Services, was started by Flipkart as an in-house logistics business and later spun off due to regulatory hurdles. Photo: Indranil Bhoumik/Mint

Wed, Jan 03 2018. 07 43 PM IST

Flush with funds, Flipkart boosts investments in logistics arm eKart

eKart parent Instakart Services has received four separate tranches of investment from Flipkart, amounting to roughly Rs2,600 crore since September

India received a record $24.4 billion in private equity (PE) investments in 2017, 26% more than the previous highest $19.3 billion recorded in 2015. Graphic: paras Jain/Mint

Fri, Dec 29 2017. 01 14 AM IST

Private equity sector sees record $24.4 billion inflow in 2017

Value of deals sees a 59% rise over the $15.4 billion India received in the previous year

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