Monday, July 22, 2024

Exclusive: Amazon in deals talks with Swiggy for quick commerce business Instamart: sources

Early talks on; US ecommerce biggie looking for a buyout or stake via pre-IPO placement. Discussions may face multiple roadblocks, said sources in the know. Legacy ecommerce players like Amazon and Flipkart scouting for quick commerce assets amid rising consumption on rapid delivery platforms like Zomato’s Blinkit, Zepto and Swiggy’s Instamart.

from Tech-Economic Times https://ift.tt/hD2d1cV

No comments:

Post a Comment

Softbank Group launches over $10 billion in bonds for OpenAI investment, term sheet shows

The dollar-denominated notes are split into 3-1/2-year, 5-1/2-year and 7-1/2-year tenors, while the euro-denominated bonds are split into 4-...