eBay (EBAY) Enters Exclusive Agreement with India’s Flipkart; eBay to Make $500M Investment, Sell India Business to … – StreetInsider.com

eBay (EBAY) Enters Exclusive Agreement with India's Flipkart; eBay to Make $500M Investment, Sell India Business to …
StreetInsider.com
eBay Inc. (NASDAQ: EBAY) and Flipkart, a leading eCommerce company in India, have agreed to jointly pursue eCommerce opportunities in the Indian market. In exchange for an equity stake in Flipkart, eBay will make a $500 million cash investment in and …

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