Wednesday 26 July 2017

Snapdeal board gives nod to Flipkart's bid, but obstacles remain: Reports


MUMBAI: The board of e-commerce firm Snapdeal has agreed to a deal with bigger rival Flipkart for up to $950 million, two sources said on Wednesday, bringing the two a step closer to forming a combine to challenge Amazon.com's domestic growth.

You can read more here: Snapdeal board gives nod to Flipkart's bid, but obstacles remain: Reports

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