Commerce

Indian conglomerate Reliance slashed over 42,000 jobs last financial year

Reliance, India’s largest conglomerate, reduced its workforce by 11%, or more than 42,000 people, in the financial year ended March 2024.  The conglomerate also...

Jumia plans to raise more than $100 million in secondary shares to drive stalled user growth  

African e-commerce company Jumia is selling 20 million American depositary shares over the next couple of weeks, TechCrunch has learned. The at-the-market transaction...

GrubMarket has acquired Good Eggs

More consolidation is taking place in the world of online food delivery. TechCrunch has learned and confirmed that GrubMarket — the startup backed...

Flipkart blitzes into India’s 10-minute quick delivery battle

India’s fast-growing quick commerce market is getting a new deeply-pocketed entrant: Walmart-owned Flipkart, India’s largest e-commerce firm. Flipkart has started to roll out...

DSA vs. DMA: How Europe’s twin digital regulations are hitting Big Tech

It’s no accident that the European Union’s Digital Services Act and Digital Markets Act have such similar-sounding names: They were conceived together and,...

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