Daimler partners with Geely to develop electric Smart cars in China
The duo will jointly develop next-gen all-electric Smart cars, with global sales expected to commence…
Ford Sollers to shutter three vehicle plants in Russia to curb losses
The move would include closing vehicle assembly plants in Naberezhnye Chelny and St. Petersburg, as…
Milkbasket acquires Veggie India, looks to expand customer base
The latest acquisition is likely to shoot up Milkbasket’s customer base to around 75,000 India’s…
Amazon to set up more than 100 kiosks in malls throughout India
Ecommerce giant Amazon has made it to the headlines after disclosing its plans to launch…
Australia’s Coles inks deal with British online grocery business Ocado
This decision to pair with Ocado is among the various moves in recent times undertaken…
Faraday Future inks JV agreement with China’s gaming firm The9
The partnership will focus on bringing high-quality luxury electric vehicles to China’s fast-growing automotive market.…
Amazon to launch mobile ads soon to challenge Google and Facebook
Amazon has grown fast in digital advertising market as a challenging competitor after capturing 50%…
Samsung records growth in China’s competitive smartphone market
The company will continue investing heavily in its semiconductor manufacturing business in China. South Korean…
Sainsbury’s and Asda pledge £1 billion price cuts to save deal
Britain’s topmost retailers Sainsbury’s and ASDA have reportedly pledged to deliver £1 billion in supermarket…
L&T to make its first hostile takeover bid in India’s IT for Mindtree
This would be L&T’s first hostile takeover bid inside India’s information technology sector. The company…