Partly cloudy

Enter word or phrase

Look for articles in

Last Updated Wednesday March 21 2018 06:29 PM IST

Google wants to take a cut of retailers' profits

In exchange for Google listings and linking to retailer loyalty programs, the retailers pay Google a piece of each purchase, which is different from payments that retailers make to place ads on Google platforms.

Walmart in talks to buy more than 40% of Flipkart

Terms under discussion were not immediately available, but Flipkart would be valued at more than the $12 billion figure given when Japan's SoftBank Group Corp's Vision Fund took roughly a fifth of the firm last year for $2.5 billion.

Email ID:

User Name:

User Name:

News Letter News Alert
News Letter News Alert