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Showing posts with the label Acquisitions

Google Buys Softcard's Technology, Gets Deal With U.S. Carriers

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Google Inc. has acquired technology and patents from Softcard, a mobile-wallet service sponsored by the three-greatest U.S. remote suppliers, as the Web organization tackles Apple Inc. to offer more payment peculiarities on smartphones. Softcard is a joint wander between AT&T, Verizon, and T-Mobile to support NFC based mobile payments in the United States. While Google's unique post on the Google Commerce web journal depicted it as something closer to a partnership, the announcement discharged via Softcard affirms that Google has acquired Softcard's technology. The deal will see Verizon Wireless, T-Mobile and AT&T pre-install Google Wallet on their Android phones in the U.S. not long from now. Google Wallet permits shoppers to tap their phones to pay at checkout in some block and-mortar stores similarly Apple Pay does. The move likewise includes Google purchasing some protected innovation from Softcard, once known as ISIS. It doesn't give the idea that any Softca

Housing.com plans to Acquires Real Estate Data Product PropEquity

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Online real home portal, Housing.com is in converses with obtain Delhi-based real domain data product PropEquity for an arrangement measure of Rs 80 crore. According to a TechCircle (VCCircle) report, Housing.com offered around Rs 80 crore for the company which recorded revenues of Rs 13.7 crore in 2014 and misfortunes of Rs 70 lakh. PropEquity was begun by founder and CEO Samir Jasuja, it is an online subscription based real home data and investigation stage covering more than 45,000 tasks of 8,200 designers crosswise over more than 40 cities in India. The firm includes pretty nearly 500 undertakings consistently. As of now, the company has more than 250 representatives. Housing was propelled in 2012 by twelve of IITians including Advitiya Sharma. As of late, it had made a tie up with Tata Value Homes to offer homes online utilizing its website, further it dispatched another gimmick 'Slice View' to give home purchasers an intelligent investigation of a venture before mak

Times Internet merges GoCricket with Cricbuzz

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In front of the World Cup 2015, Times Internet* appears to have merged its cricket site Gocricket with the as of late purchased Cricbuzz. Gocricket's website is right now diverting to Cricbuzz at the time of composing this article. The organization had likewise merged the mobile applications of Gocricket & Cricbuzz not long ago and had begun cautioning Gocricket's Twitter followers to take after Cricbuzz rather last week. This was truly a normal move, following Times Internet had said that it will be uniting Cricbuzz with its eight-month old cricket site Gocricket, in the wake of getting a lion's share stake in Cricbuzz in November last year. At the time, Times Internet had likewise said that it will be utilizing Cricbuzz's expertise as a part of the cricket segment along with its article content crosswise over content, photographs, and features to construct an "extraordinary client encounter around cricket". Other than publication, its significant tha

Big bucket deals expected: Amazon-Jabong & Alibaba-Snapdeal

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Indian ecommerce industry is all situated to witness some major firecrackers as industry biggies: Amazon and Alibaba are in a major acquisition mode. According to reports rolling in from different sources, Amazon is crawling towards procuring Jabong and Alibaba is viewing Snapdeal nearly, and an arrangement might leap forward whenever now. Amazon-Jabong On the off chance that this Amazon chooses to acquire Jabong (and appears chances are high), Indian Ecommerce will witness its greatest acquisition till date. Sources are letting us know that the first level of talks in the middle of Amazon and Jabong is presently over, and management groups from both the portals are encircling out the details. According to insiders, this first level of talk had happened short of what a week prior. In spite of the fact that Indian FDI laws doesn't allow investments in Jabong, henceforth its an inventory based ecommerce model, though Amazon India is fundamentally a marketplace. Fashion i

Amazon planning To Buy Fashion & Lifestyle Portal Jabong

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While the speculations have been going ahead in the media from over a month now around Amazon securing Rocket Internet upheld Jabong, the same may be working out soon. In October, distributers like Firstpost , ET , Trak and so on reported that the two firms may be shaking hands, however in a late development it has surfaced that the first phase of talks for Amazon to secure Jabong have been finished. Also Amazon would obtain the organization in a deal sum worth USD 1-1.2 Billion. Jabong is a piece of Rocket Internet's Big Foot Retail (Family of Jabong, Dafiti, Lamoda, Namshi and Zalora), henceforth the billion dollar deal may include these other global retailers as well. A source with the knowledge relating to this matter told Vccircle that post acquisition, Amazon would keep Jabong as an issue substance. Jabong is an inventory based e-tailer, where FDI in not permitted, and the structure of the deal hasn't been uncovered Amid January-June 2014 period, Jabong reported Gross

Foodpanda Acquires Delivery Hero, Backed Indian Company Tastykhana

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Worldwide online food delivery marketplaces Foodpanda and Delivery Hero on Monday proclaimed a series of partitioned securing deals. The two have gained companies possessed by the other in India, Mexico, and five Latin American nations. Foodpanda assumed control Tastykhana in India, augmenting its position in food delivery markets around the world. Tastykhana will remain a free brand. Together, Foodpanda and Tastykhana will partner with in excess of 10,000 restaurants in India, covering in excess of 173 cities. Foodpanda additionally procured the Mexican food delivery organizations Pedidosya, Semeantoja and Superantojo and targets market initiative in Mexico. The group has been operating in the Mexican market including Argentina, Chile, Colombia, Ecuador and Peru since December 2012 under the hellofood brand . After the acquisitions, Mexican clients in 10 cities will have the choice from in excess of 2,500 restaurants. Delivery Hero gained the Hellofood organizations in Argentina, C