Silicon Valley Business Journal |
EBay plans to get back into India after selling $1.1B stake in Flipkart
Silicon Valley Business Journal San Jose-based eBay says it's relaunching eBay India, after selling its stake in Indian e-commerce giant Flipkart to Walmart Inc. for $1.1 billion. The move marks a reversal in strategy for eBay, which largely exited India after investing $500 million … eBay To Sell Flipkart Stock, Relaunch eBay India eBay Inc (EBAY) Looking To Reverse Course In India eBay to relaunch India operations after earning $1.1 billion from Flipkart stake |
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