The online retailer Snapdeal has reportedly accepted Flipkart’s revised $900-950 million buyout offer. This nod from Snapdeal will put Flipkart ahead in the race with its biggest rival Amazon to lead in the Indian E-commerce sector. Previously Snapdeal had rejected $700- $750 million offer stating it to be low than the expected worth.
As per a report on Reuters, which cites two sources close to the matter, the Online marketplace Snapdeal has accepted Flipkart’s [...]
In a big news, Flipkart now officially owns eBay India. The Indian e-commerce giant Flipkart has announced that it has bought eBay India in the largest e-commerce deal in India ever. The company stated that it has raised a massive $1.4 billion from Tencent, Microsoft and eBay which is the largest ever fund raising in India. The talks about this deal have been making rounds since few days until today when it was finally confirmed by the founders of Flipkart.
Commenting on the [...]
India’s top E-commerce company Flipkart is said to be buying eBay’s operation in the country. According to the reports, this deal is a part of $2 billion worth capital raising. Flipkart recently raised $1 billion through Microsoft and Tencent in its funding rounds and the company is now planning to go ahead with the funding till it reaches $2 billion mark.
E-commerce company eBay was launched in India back in 2004, way before Flipkart and Amazon came in to existence [...]
A few days ago Motorola and Flipkart both announced through a tweet that the Moto G5 Plus will be available from 15th March in India. And as scheduled, the Moto G5 Plus has been officially launched for sale in India. The smartphone has been launched in two variants, one comes with 3 GB RAM and 16 GB internal storage priced at Rs. 14,999 and another with 4 GB RAM and 32 GB internal storage priced at Rs. 16,999.
The Moto G5 Plus will be exclusively available on Flipkart from today [...]
One of the fairly anticipated smartphone of 2017, the Moto G5 Plus will be finally available for sale in India. The smartphone will be available for sale from 15th march exclusively through Flipkart if the tweets from both Motorola and Flipkart are to be believed.
The teasing of the upcoming smartphone was started with social media campaign which asked people to “Ggggggues the ‘G’ takeover at Flipkart”. After it, Flipkart soon released a video revealing [...]
Online marketplace Flipkart has launched its first private label business, called as Flipkart SmartBuy. The store will currently retail electronics and electronic accessories.
Besides SmartBuy, Flipkart will also launch a second brand (private label) by March-April 2017, that will retail in a different set of categories in home decor and furnishings, home appliances and furniture.
Currently, the Flipkart SmartBuy store offers only wall chargers, micro USB chargers and [...]
Xiaomi launched the Redmi 3S and Redmi 3S Prime budget smartphones in India in August this year and sold it on mi.com and Flipkart. Today, the e-commerce giant Flipkart announced that it has sold over 1 million units of these smartphones in less than four months.
The milestone was shared by Flipkart on Twitter and to attract more buyers, it announced a contest as well which has already started and ends today [...]
Samsung was teasing its next On series smartphone on Flipkart with the name ‘Samsung Galaxy On Nxt’. The Nxt moniker was expected as a substitute for a number in the On series smartphone, which is not the case. Samsung has launched its ‘Galaxy On Nxt’ smartphone in India at a price tag of Rs. 18,490.
The Samsung Galaxy On Nxt looks identical on paper to the Galaxy On7 (2016) that was launched in [...]