British Land agrees to sell 12 retail superstores for £429 million

British Land agrees to sell 12 retail superstores for £429 million

Published: An hour ago By Pankaj Singh

The transaction is expected to be completed by the end of May. British Land Company plc reportedly expects receiving net proceeds of about £95 million from its equity alliance with J Sainsbury plc after the sale of 12 superstores. Un....

Online retailer eBay plans to invest around $170 million in Paytm Mall

The American e-commerce giant eBay is reportedly in talks to make a strategic investment in Paytm Mall, a leading Indian online retail platform. The company has initiated talks for investing around $160 million to $170 million in the retail....

E-grocery start-up HappyFresh secures up to US$20M in Series C funding

The Jakarta-based online grocery delivery start-up, HappyFresh, has made it to the front page for raising around USD 20 million in its latest Series C financing round. Reportedly, the fresh influx of capital will be used by the company for ....

Reliance Retail considering the acquisition of toys giant Hamleys

87 of the 130 stores that Hamleys has across the globe are located in India and Reliance plans to add more stores in the country in 2019. Reliance Retail, India’s largest retailer in terms of revenue, has recently been reported to be....

ContraFect presents positive data from Phase 2 trial of Exebacase

The new data suggest the potential for exebacase to offer significant clinical assistance to patients with MRSA bloodstream infections. U.S. clinical-stage biotechnology firm, ContraFect Corp. has recently announced new data from its Phase....

Walmart partners with Kidbox for its first apparel subscription box

Walmart has recently announced that it is launching its first subscription business for apparel and it would be solely for kids. The company has teamed up with Kidbox, a subscription-box company like StitchFix but focused exclusively on sel....

Medbelle raises €6 Mn in Series A funding round for digital hospital

Medtech startup Medbelle is reportedly building the first-ever digital hospital in the world, designed to supports patients through every step, starting from signup to aftercare. As per trusted sources, more than 30,000 people in the UK hav....

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