Rakuten and KKR will seek to shore up Seiyu’s digital operations as demand for online retail grows in Japan amid the pandemic.
Pharmapacks is an online marketplace that sells brands across sites such as Amazon, Walmart, Target, eBay.
India’s conglomerate that sells almost everything from cars to apparel and steel, is seeking to buy Indian online retailers to beef up its presence in e-commerce, reports Bloomberg News.
The world’s largest retailer had been seeking to offload Asda for at least two years, and now can focus on the U.S., where it gets three-quarters of its revenue. Walmart is introducing a new subscription program to compete better against Amazon Prime.