Lenovo: a Chinese PC maker that bought IBM’s PC arm and became the world’s largest
Lenovo paid US$1.25bn for IBM's PC division in 2004, came through two restructurings and became the world's largest PC seller by 2013, then bought…
Walmart and Flipkart: buying a lead in Indian e-commerce
In May 2018 Walmart agreed to pay about US$16 billion for a 77% stake in Flipkart, then losing money, and within six months both…
Uber: selling its China business to its main rival
In August 2016 Uber, losing more than $1 billion a year in China, sold its Chinese arm to Didi Chuxing for a minority stake…
PayPal: eBay buys its biggest payment rival for $1.5 billion in 2002
eBay agreed in July 2002 to buy PayPal for about $1.5 billion in stock, then in 2014 decided to spin it off, by which…
YouTube: Google buys a video site for $1.65 billion after 20 months
Google paid $1.65 billion in stock for YouTube in 2006, when the site was 20 months old and served 100 million views a day,…
WhatsApp: Facebook pays $19bn for a messaging team of about 50 people
In February 2014 Facebook agreed to pay $19 billion for WhatsApp, a no-ads messaging app with about 50 staff and 450 million users, which…
