India's Competition Commission (CCI) has approved Google parent Alphabet's investment in Flipkart. Alphabet's Shoreline International Holdings will acquire a stake in the Walmart-owned e-commerce giant. The deal, part of a nearly $1 billion funding round, includes a $350 million investment from Google and values Flipkart at $35-36 billion.
from Times of India https://ift.tt/HmTPEvt
from Times of India https://ift.tt/HmTPEvt
Google parent Alphabet gets CCI's clearance to acquire stake in Flipkart
![Google parent Alphabet gets CCI's clearance to acquire stake in Flipkart]()
Reviewed by GYM LOVER KATTA��
on
11:05
Rating:
No comments: