Flipkart Acquires eBay India, Raises $1.4 Billion; How Could This Impact Amazon? -- Trefis
www.trefis.com
"Flipkart, India’s largest e-commerce player, has raised $1.4 billion in its latest funding round and acquired eBay India’s operations for $200 million worth of stock to counter the rising Amazon tide."
"Flipkart’s investors in its latest round- China’s Tencent ($700 million), eBay ($500 million) and Microsoft ($200 million)"
#company_investments #startups #india #ebay #microsoft #tencent #funding #pub
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