CNBC |
EBay to sell its stake in Flipkart, relaunch its own India business after Walmart takes majority stake in e-commerce …
CNBC EBay is selling its holdings in Flipkart and relaunching eBay India after Walmart bought a $16 billion majority position in the e-commerce company. Last year, eBay had sold its operations in the country to Flipkart and took a minority stake in the company. eBay will relaunch its India business after selling its Flipkart stake to Walmart eBay Raking in Cash After Walmart-Flipkart Deal eBay cuts its ties with Flipkart, to sell its holdings for $1.1 billion |
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