Top 2024 resources on joint
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Alibaba, Mail.Ru, Megafon form AliExpress Russia JV to double down on e-commerce in CIS
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After announcing plans in September 2018 to build a joint venture together, today Russian internet giant Mail.ru, Megafon and China’s Alibaba announced that the deal has closed. With support also from Russia’s sovereign wealth fund RDIF, the three are forming a new operation called AliExpress Russia JV — which will include business assets and investment […]
Topics: group, double, venture, jv, russia, ecommerce, megafon, aliexpress, cis, techcrunch, alibaba, joint, form, russian, mailru. -
Amazon and Valentino team up in joint lawsuit against New York counterfeiter over Rockstud knock-offs
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Amazon is ramping up its efforts to tackle counterfeiting on its platform by aiming for the higher end of the fashion market. Today the e-commerce giant announced that it has jointly filed a lawsuit with Italian luxury brand Valentino against Buffalo, New York-based Kaitlyn Pan Group, LLC and New York resident Hao Pan for copying […]
Topics: counterfeit, team, counterfeiter, brand, amazon, valentino, techcrunch, joint, rockstud, kaitlyn, company, sold, valentinos, lawsuit, knockoffs, york, pan. -
Amazon seeks India antitrust watchdog’s approval to buy Catamaran stake in Cloudtail-parent firm Prione
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Amazon is seeking an Indian antitrust watchdog’s approval to buy Catamaran Ventures’ stake in Prione, which operates one of the largest sellers on the e-commerce platform, months after the two firms said they won’t renew their joint venture after May next year. The announcement comes as a surprise as Catamaran owns a 76% stake in […]
Topics: buy, techcrunch, prione, seeks, catamaran, amazon, firm, joint, sellers, venture, indian, stake, laws, india, firms, ecommerce, watchdogs, cloudtailparent. -
Amazon’s top Indian seller Cloudtail to cease operations next year amid regulatory heat
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Amazon and parent of its top Indian seller Cloudtail have decided to not continue their joint venture after May 2022, the two firms said in a statement Monday, hours after India’s top court ruled that the American e-commerce firm and Walmart’s Flipkart must face antitrust investigations in the South Asian market. Billionaire N.R. Narayana Murthy’s […]
Topics: amazons, amazon, firms, india, venture, techcrunch, indian, amid, flipkart, joint, ecommerce, cloudtail, seller, operations, cease, heat, sellers, regulatory. -
Fnac Darty and CEVA Logistics launch Weavenn
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Fnac Darty and CEVA Logistics are establishing a joint venture, called Weavenn. The new venture will offer SaaS marketplace technology solutions, as well as logistics. It is set to be operational as of 2024. The Fnac Darty Group is a well-known French retailer of entertainment and leisure products, consumer electronics…
Topics: launch, venture, market, weavenn, solutions, ceva, service, group, ecommerce, fnac, joint, darty, logistics. -
Kaufhof and Karstadt form joint venture
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Two major German department store chains, Kaufhof and Karstadt, will form a joint venture after Hudson’s Bay sells half of its European business to Signa Holding. The latter will hold only a little bit more than half of the entity and will manage the operating business. For quite some time, Continue reading
Topics: online, joint, stores, kaufhof, store, signa, bay, form, karstadt, company, venture, department, hudsons. -
Nexi acquires SIA
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Nexi, the biggest payments processor in Italy, has agreed to acquire fintech rival SIA for about 4.6 billion euros. The combined company will be one of Europe’s biggest payments companies. The deal, all shares, gives Nexi a 70 percent stake in the combined company, which enters Italy’s top 10 of… Continue reading
Topics: payments, nexi, million, italian, leading, joint, sia, company, acquires, value, number, billion. -
Yandex.Market partners with JD.com
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Russian online marketplace Yandex.Market and major Chinese online retailer JD.com have closed a strategic partnership deal. Since this month, Yandex.Market will sell JD.com’s goods in Russia through its ecommerce platform. Yandex.Market is an ecommerce venture between Russian internet company Yandex and Sberbank, the biggest bank in Russia. It’s an online… Continue reading
Topics: partners, venture, accounts, yandexmarket, russia, ecommerce, online, crossborder, joint, jdcom, chinese, major. -
Yandex.Market, in new joint venture, seeks non-Russian sellers
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A leading Russian bank and the largest online Russian marketplace have announced a joint venture that will likely improve cross-border ecommerce.
Sberbank is the largest and most trusted saving bank in ...
Topics: foreign, seeks, payment, merchants, joint, yandexmarket, sellers, russian, yandex, venture, delivery, russia, nonrussian.