Walmart acquires online art and wall décor retailer Art.com Walmart entered yet another acquisition this year by buying assets from online art and wall décor retailer Art.com. The acquisition is expected to close in early 2019. The deal includes Art.com’s catalog, IP, trade name and U.S. operations. The amount of the deal is still undisclosed, but Walmart says it’s in line with its other deals made over...
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Grab invests $100 million into OYO OYO a budgeted hotel providing service in India received a $100 million investment from Grab. The investment was part of a $1 billion Series E round led by SoftBank’s Vision Fund. Grab has keen interest in entering the Indian market because of its huge consumer base. Grab has been investing a lot lately. Southeast Asian ride-hailing firm Grab has been strategically investing in Southeast Asia....
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UrbanClap got a generous Series D round for expansion. UrbanClap is an Indian startup providing home services across India. Its just been four years for the company that recently raised a $50 million Series D round for expansion. This has taken UrbanClap to $110 million raised to date. Steadview Capital led the round which was also funded by existing investor Vy Capital. Services that Urbanclap offers Urban clap...
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Online advertising is booming in today era The online advertising business has been flourishing thanks to global digitization. Technology enhancement, High Data speed, better network connectivity all have led to a high volume of users. Being active on the internet. This has made online advertising a very important channel for marketing. According to a report by the Interactive Advertising Bureau, digital ad revenue in the U.S. has...
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Travel start-ups witnessing a “Golden Era” Travel industry world over has been witnessing high volumes of growth. This has caught the attention of many venture capitalists. Travel start-ups have raised more than a billion U.S. dollars from Venture capital funding in the past five years. Global travel and tourism is one of the most valuable industries. It is analytically valued to be worth $7 trillion. The online...
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UK government to check on personalized pricing in online retail Personalised Pricing practices in online retail, has been a rising concern for the UK government. Consumers are at risk of price discrimination through the use of ecommerce technologies. Misuse of personal data has been leading to such a widespread variation in pricing. Products such as cars, insurance, holidays and household goods have been targeted by businesses for personalised...
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