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Thursday, August 8, 2019
OBQ 1355: Bigwig shopping spree.
Have money will shop has been mantra for the shopaholics for long time. Here is a shopaholic of a different kind, with deep pockets and penchant for disrupting industries after industries.
Here is a sample of the latest acquisitions by this big shot of a company and its stalwart owner, this time with plan to disrupt the tech industry.
Identify who is the shopper, and if you are really smart name each of the acquisitions.
Answer: Reliance Industries Ltd/Mukesh Ambani, they bought Saavn, Haptik and Fynd.