/
•
•
Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The chatter that Walmart-owned Flipkart is looking to buy online travel aggregator Cleartrip has been making headlines for more than a month now. Finally, the deal was announced today.
Flipkart, India's homegrown e-commerce marketplace today announced the proposed acquisition of Cleartrip, a leading online travel technology company. Flipkart will acquire 100% of Cleartrip’s shareholding, as the company further enhances its investments to strengthen its digital commerce offerings for customers. Under the terms of the agreement, Cleartrip operations will be acquired by Flipkart. Cleartrip will continue to operate as a separate brand, retaining all employees while working closely with Flipkart to …
Aggressive summer deals are being rolled out to make up for the slump in arrivals; Coinbase is setting up a new tokenization hub, and other updates.
The US-Israel campaign has turned Dubai’s strongest tourism months into a stress test for the emirate’s hospitality sector.
A debt-heavy global pivot to modest motels and accounting-led profits define the company now heading to Indian public markets.
