Globals

Tiger Global held a 4 per cent stake in the e-commerce leader. According to a report in Wall Street Journal, Walmart has paid the money to boost Flipkart’s stake. Retail giant Walmart has reportedly paid $1.4 billion to…

Signs stating everything is on sale at a Buy Buy Baby store in the Brooklyn borough of New York, Feb. 6, 2023.Stephanie Keith | Bloomberg | Getty ImagesBuy Buy Baby's stores are set to disappear after a last ditch effort to save the chain…

Happy Monday. Global funds and individual investors are all lining up funds for professional sports clubs, a new and emerging trend that we are capturing through two important stories in today's packed and rather sporty edition of ETtech's…

S&P Global, a leading business intelligence provider, has announced new employee benefits catering to health and wellbness, flexibility, support and rewards. The ‘People First 9.0’ initiative will affect more than 12,500 employees in…

Fabiola Beracasa Beckman, Lauren Santo DomingoRommel Demano/BFA.comLast night in the Flatiron district, Mercado Global hosted its 10th Fashion Forward Gala on International Women's Day, honoring producer Fabiola Beracasa Beckman, designer…

A secret settlement by US investment firm Tiger Global with a former female employee is likely to affect its latest fundraising efforts.The investment firm, which has pumped billions of dollars into hundreds of start-ups in recent years, is…

Nykaa did not enter the fashion business to justify its valuation but because it saw a new opportunity to engage with customers, the company’s chief executive Falguni Nayar told us in an interview. Nayar, who was adjudged ‘CEO of the year’…

It was an unusually frigid December weekend when Cheng Wei summoned his inner circle to his Beijing office. The founder of Didi Global Inc., dressed entirely in black, told his lieutenants to slash spending.…

Losses at Tiger Global Management reached 52% this year, prompting the firm to cut management fees and create separate accounts for the illiquid wagers of customers who want to redeem. The firm’s hedge fund sank 14.2% last month, buffeted…

The US Securities Exchange Commission (SEC) is investigating Didi Global Inc over its $4.4 billion initial public offering in the United States in June last year, the Chinese ride-hailing giant said. Didi was cooperating with the US…