299
Fashion Jobs
L'OREAL GROUP
Assistant CRM Manager
Permanent · HONG KONG
L'OREAL GROUP
Key Account Manager
Permanent · HONG KONG
H&M
Total Rewards Manager, Supply Chain
Permanent · TSIM SHA TSUI
H&M
Accounts Specialist
Permanent · TSIM SHA TSUI
ESTÉE LAUDER COMPANIES
Assistant Demand Planning Manager
Permanent · HONG KONG
ESTÉE LAUDER - BRAND
Retail Marketing Manager, Estée Lauder
Permanent · HONG KONG
CLINIQUE
Assistant Education Manager, Clinique
Permanent · HONG KONG
CLINIQUE
Senior Marketing Manager, Clinique
Permanent · HONG KONG
TOMMY HILFIGER
Senior Manager, Creative Services, Tommy Hilfiger Asia Pacific
Permanent · HONG KONG
AESOP
Retail Consultant
Permanent · SHA TIN
NEWELL
Senior Manager, Indirect Sourcing
Permanent · HONG KONG
L'OREAL GROUP
Group Product Manager
Permanent · HONG KONG
ADIDAS
Senior Manager, Materials Availability Management
Permanent · HONG KONG
L'OREAL GROUP
Assistant Purchasing Manager (Marketing, Digital IT)
Permanent · HONG KONG
PUMA
Manager Innovation Technical Apparel
Permanent · HONG KONG
DR. MARTENS
Head of Financial Accounting, Apac
Permanent · TSIM SHA TSUI
TJX COMPANIES
Director of Sourcing, Apparel -Hong Kong
Permanent · HONG KONG
A & F
Hollister CO. - Brand Representative (Part-Time / Full-Time), Hysan Place
Permanent · CAUSEWAY BAY
A & F
Hollister CO. - Brand Representative (Part-Time / Full-Time), Yoho Mall
Permanent · HONG KONG
A & F
Abercrombie & Fitch - Brand Representative (Part-Time / Full-Time), Harbour City
Permanent · TSIM SHA TSUI
KERING EYEWEAR
Kering Eyewear Assistant Trade Marketing Manager Travel Retail
Permanent · HONG KONG
JAEGER
Training Manager
Permanent · HONG KONG
By
Reuters API
Published
Jun 7, 2021
Download
Download the article
Print
Text size

Walmart's Flipkart in talks to raise $3 billion from SoftBank, others

By
Reuters API
Published
Jun 7, 2021

Walmart Inc-owned Indian e-commerce firm Flipkart is in talks to raise at least $3 billion from investors including Japan's SoftBank Group Corp and several sovereign wealth funds, Bloomberg News reported on Monday.


Photo: Reuters



The startup is aiming for a valuation of about $40 billion and is in talks with Singapore's GIC Pte., Canada Pension Plan Investment Board and the Abu Dhabi Investment Authority, the report said, citing people familiar with the matter.

SoftBank could invest $300 million to $500 million of the total through its Vision Fund II, according to the report.

Flipkart, SoftBank and the Abu Dhabi Investment Authority did not immediately respond to Reuters requests for comment.

SoftBank sold its roughly 20% stake in the e-commerce firm to Walmart in 2018.

The Indian company is in the early stages of exploring going public in the United States through a deal with a blank-check firm, sources familiar with the matter told Reuters in March.

Reuters exclusively reported in September that Bengaluru-based Flipkart was preparing to go public overseas as early as 2021, which could value the firm at as much as $50 billion.
 

© Thomson Reuters 2024 All rights reserved.