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Flipkart acquires eBay India, secures $1.4 billion in funding at $11.6 billion valuation

Flipkart just announced that it has acquired eBay’s India business, after report last week. It acquired Myntra back in 2014 in India’s biggest e-commerce deal and acquired Jabong last month. It also acquired PhonePe  UPI-based app last year. Flipkart has also received $1.4 billion funding from China’s Tencent, eBay and Microsoft in the latest funding round and will be valued at of … Continue reading "Flipkart acquires eBay India, secures $1.4 billion in funding at $11.6...
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