E-tailer Flipkart raises $1 billion in funding-Reuters

Flipkart, India’s largest e-tailer, said on Tuesday it raised a fresh round of funding worth $1 billion as it tries to aggressively scale up after Amazon.com Inc‘s rapid expansion in the country has heated up competition, Reuters reported.

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SodaStream in buyout talks: Bloomberg

Israel-based SodaStream International, which makes home soda machines, is in talks to be taken private in a deal valuing the company at $828 million, Bloomberg said, citing people familiar with the matter.

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