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Japan's SoftBank buys $627 million stake in Indian online retailer Snapdeal

2014-10-28 07:58:53| Telecom - Topix.net

Japanese telecom and media group SoftBank Corp has agreed to buy a $627 million stake in Indian online retailer Snapdeal, seeking to tap into potentially huge e-commerce growth in the market with the world's third-biggest Internet user base. Highlighting India as a new priority in its aggressive expansion, SoftBank said on Tuesday it's also leading a $210 million round of investment in an Indian logistics business in a separate deal.

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Japan's SoftBank buys $627 million stake in Indian online retailer Snapdeal

2014-10-28 06:11:39| IT Services - Topix.net

Japanese telecom and media group SoftBank Corp has agreed to buy a $627 million stake in Indian online retailer Snapdeal, seeking to tap into potentially huge e-commerce growth in the market with the world's third-biggest Internet user base. Highlighting India as a new priority in its aggressive expansion, SoftBank said on Tuesday it's also leading a $210 million round of investment in an Indian logistics business in a separate deal.

Tags: online million indian buys

 
 

Worthington Industries buys stake in fuel-systems maker dHybrid

2014-10-22 10:49:30| Industrial Machines - Topix.net

The E-Edition includes all of the news, comics, classifieds and advertisements of the newspaper. And it's available to subscribers before 6 a.m. every day.

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Worthington Industries buys stake in fuel-systems maker dHybrid

2014-10-22 09:20:26| Steel - Topix.net

The E-Edition includes all of the news, comics, classifieds and advertisements of the newspaper. And it's available to subscribers before 6 a.m. every day.

Tags: industries maker buys stake

 

Tar Sands Trade: Kuwait Buys Stake in Alberta As It Opens Own Heavy Oil Spigot

2014-10-15 05:38:27| Energy - Topix.net

Chevron made waves in the business world when it announced its October 6 sale of 30-percent of its holdings in the Alberta-based Duvernay Shale basin to Kuwait Foreign Petroleum Exploration Company for $1.5 billion. It marked the first North American purchase for the Kuwaiti state-owned oil company and yields KUFPEC 330,000 acres of Duvernay shale gas.

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