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eBay secures 5.4% stake in Flipkart – Economic Times


Economic Times

eBay secures 5.4% stake in Flipkart
Economic Times
"During the third quarter of 2017, we received a 5.44% ownership interest in Flipkart in exchange for our eBay India business and a $500 million cash investment, resulting in a cost method investment of $725 million," said the company's quarterly report.

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