Jasper News

Companies

Infibeam to buy Snapdeal’s Unicommerce in ₹120-crore deal

Ahmedabad-based Infibeam says its board approves acquisition of the entire share capital of Unicommerce from existing shareholdersJasper Infotech, which operates Snapdeal

2 min read8 May 2018
Opinion

Apple, Snapdeal and Foxconn earnings

Hong Kong-listed FIH Mobile, which is 64%-owned by Foxconn's flagship unit Hon Hai , was forced to write off $160 million or 80% of its of stake in Snapdeal back in May

2 min read14 Aug 2017
Companies

Why Snapdeal debacle may compel Nexus to rethink its future direction

A Snapdeal sale to Flipkart leaves Nexus Venture Partners with little choice but to walk away from what could have been its most lucrative bet

11 min read25 May 2017
Companies

SoftBank rejects charges of executives receiving kickbacks for India investments

Wall Street Journal newspaper reported that Alok Sama, SoftBank president , and former president Nikesh Arora received kickbacks in connection to its India investments

2 min read19 May 2017
Companies

SoftBank takes Snapdeal closer to Flipkart sale but yet to seal terms

Snapdeal board meeting sees three key shareholders remaining at odds with SoftBank on the terms of a possible sale of Flipkart

2 min read3 May 2017
Companies

SoftBank looks to get Nexus Venture on board for Snapdeal sale: report

SoftBank, the largest shareholder in Snapdeal, has been successful in getting Kalaari to agree to the deal but is yet to get Nexus Venture on board for the same, says a report

1 min read24 Apr 2017
Companies

Softbank reworking sale plan of Snapdeal, decision in few weeks: report

SoftBank is believed to be re-working its plan for sale of e-commerce platform Snapdeal and a final decision is likely to be made in the next few weeks

1 min read5 Apr 2017
Companies

SoftBank preps Snapdeal for sale to Flipkart or Paytm

Snapdeal investors SoftBank, Kalaari and Nexus take steps towards resolving their rift, a move that could lead to a potential sale to Flipkart or Paytm

2 min read5 Apr 2017
Companies

SoftBank Group’s Lydia Bly Jett joins Snapdeal board

Lydia Bly Jett's appointment is the third board movement from SoftBank to Snapdeal since February

2 min read4 Apr 2017
Companies

Snapdeal in talks with Flipkart, Paytm for a potential sale

Snapdeal investor SoftBank is leading the sale talks with Flipkart and Alibaba-backed Paytm E-commerce to strike a $1.5-1.8 billion deal

2 min read22 Mar 2017
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