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The Controversial Casting That Helped Brazilian Lingerie Go Global

The Controversial Casting That Helped Brazilian Lingerie Go Global
businessoffashion.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessoffashion.com Daily Mail and Mail on Sunday newspapers.

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India: Flipkart to buy travel and hotel booking platform Cleartrip

India: Flipkart to buy travel and hotel booking platform Cleartrip
REUTERS/Abhishek N. Chinnappa
April 14, 2021
Flipkart Group is close to buying travel and hotel booking platform Cleartrip in a distress sale, three people aware of the matter said, as the Walmart-owned e-commerce giant strengthens its operations in the hospitality segment.
The cash-and-stock deal valuing Cleartrip at almost $40 million may close in the next 10 days, said two of the three people cited above, all of whom spoke on condition of anonymity. The deal comes at a time the hospitality industry continues to reel from the onslaught of the coronavirus pandemic.
“The travel and hospitality industry has been severely affected by the impact of covid-19, with travel booking platforms unable to get back on their feet,” one of the three people cited above said. “The Cleartrip acquisition allows Flipkart to now have a direct play in the travel and hospitality segment, which it offered earlie ....

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Flipkart likely to bag Cleartrip for $40 million in distress sale

Flipkart likely to bag Cleartrip for $40 million in distress sale
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Talks of a potential Flipkart-Cleartrip deal comes at a time when the Walmart-owned e-commerce firm is making strategic investments across sectors to build an ecosystem of online services.
Mumbai:Flipkart is finalising the acquisition of Cleartrip, one the oldest travel booking portals in India, two people in the know said, as the Walmart-owned online retailer continues to make strategic investments across sectors to strengthen its portfolio and build an ecosystem around it.
The Flipkart-Cleartrip deal, which will be a mix of cash and equity, is likely to value Cleartrip at around $40 million in what is considered to be a distress sale for the 15-year-old Mumbai firm amid the pain that the pandemic has inflicted on the travel and hospitality industry. ....

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Flipkart set to acquire Cleartrip in distress sale

Flipkart set to acquire Cleartrip in distress sale
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

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Amazon backs MyGlamm in first consumer brand bet in India

Amazon backs MyGlamm in first consumer brand bet in India
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

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