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Pomelo to absorb Central Group’s Looksi
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Online fashion label Pomelo has completed a deal with Thailand’s Central Group Looksi – previously Zalora – to absorb the online platform. Pomelo will add a variety of key international brands currently on Looksi to Pomelo’s app and website, including Adidas, Aldo, Havaianas, Topshop, Guess, Levi Jeans, and Nike. “Looksi has been serving Thai fashion […]
Topics: groups, central, zalora, previously, looksi, fashion, pomelos, deal, online, website, southeast, pomelo, absorb. -
The Inside adds sofas to its custom furniture lineup
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While The Inside already offers a range of made-to-order furniture like beds, headboards, chairs and ottomans, it’s aiming for the center of your living room today with the launch of its first sofa collection. Founded by CEO Christiane Lemieux (who previously founded Dwell Studio and sold it to Wayfair) and COO Britt Bunn (who previously […]
Topics: lineup, customers, furniture, inside, sofas, weeks, start, launch, techcrunch, adds, previously, custom, prices, lemieux, sofa. -
Walmart completes its $16 billion acquisition of Flipkart
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Walmart announced over the weekend that it has completed a $16 billion investment in Flipkart that sees it become the majority owner of the Indian e-commerce company. The deal was first revealed back in May and now it has closed after receiving the necessary approvals. It sees Walmart take a 77 percent share in the company, […]
Topics: business, investors, flipkart, billion, previously, walmart, supporting, completes, public, plans, reported, acquisition, sees.