Question
Which of the following e-commerce company had acquires
majority stake in Japanese eyewear brand Owndays?Solution
Mister Spex is an online retailer offering eye-wear products. Product catalog includes prescription glasses, sunglasses, contact lenses, and more. It also has its own optician workshop in Berlin with final assembly and quality control. Glasses Direct is one of Europe’s leading online prescription glasses retailer. It offers glasses for men and women. Softbank-backed prescription glasses company Lenskart has acquired a majority stake in Japan’s D2C eyewear brand Owndays. The deal will create one of Asia’s largest online eyewear retailer. The acquisition will take Lenskart’s presence to 13 markets in Asia, including India, Singapore, Thailand, Taiwan, the Philippines, Indonesia, Malaysia, and Japan. The deal will give exit to Owndays major shareholders L Catterton Asia and Mitsui & Co, and Principal Investments. Owndays co-founders CEO Shuji Tanaka, and COO Take Umiyama, will continue to be shareholders and lead the management team of the company.
A person borrows ₹5000 at 12% per annum simple interest. He repays ₹3200 at the end of 2 years. How much does he still owe after 2 years?
The salaries of A and B are in the ratio 3:5. If the salary of A increases by 20% and the salary of B increases by 10%, the new sum of their salaries be...
Find the greatest 3-digit number which when divided by 11 or 14 leaves a remainder of 3.
A is a skew-symmetric matrix of odd order, then which of the following is true?
In a cyclic quadrilateral, the diagonals intersect at an angle of 60°. If the sides of the quadrilateral are 6 cm, 8 cm, 10 cm, and 12 cm, what is the ...
A mixture of 60 liters contains milk and water in the ratio 7:5. How much milk should be added to make the ratio 3:1?
What is the value of 8 √ 4 × 16 √ 4?
What will come in the place of question mark in the given expression?
√(16 2 + 3 of 11) + 21% of 300 = ? 2 of 5
The ratio of two numbers 'a' and 'b' is 7:4, respectively. Whereas the ratio of 'b' and 'c' is 5:8, respectively. When 15 is added to 'a', it becomes th...
- __________ is a box which is the intersection of a row and column in a worksheet.