Edgy Labs (blog) |
What you Need to Know About Flipkart and the eBay India Gameplan
Edgy Labs (blog) Flipkart, the Indian e-retailer, announced it had acquired eBay India while raising $1.4 billion USD from Microsoft and Tencent. The move is a part of Flipkart's strategy to keep up with the two e-commerce giants in the Indian market: Amazon and Alibaba. eBay and Flipkart to jointly pursue eCommerce opportunities in the Indian market EBay folds Indian operation into local retailer Flipkart India: Flipkart acquires eBay |
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