India’s Flipkart Nears $330M Myntra Deal, As Common Investors Push To Fight Amazon, eBay
April 09, 2014 at 03:06 AM EDT
India’s biggest e-commerce company, Flipkart, is in the final stages of completing a merger deal with the country’s fast growing online fashion retailer Myntra, in what could potentially create a much stronger entity for fending off aggressive rivals Amazon, Walmart and the eBay-backed Snapdeal. At least three people directly familiar with ongoing talks said the Myntra board started… Read More