India's biggest online retailer is acquiring eBay's India business, report says

flipkart
ebay

#1

India’s largest online retailer Flipkart is in talks to acquire eBay’s domestic business, according to a report from Factor Daily. The deal is said to be structured as part of Flipkart’s ongoing $2 billion fundraising.


#2

How will it help Flipkart to become profitable or compete with Amazon?

The question is we Indian people really use Ebay to shop? I don’t think so. I never purchased on eBay.


#3

Wrong move by FilpKart I guess.


#4

Yeah I think that it’s not a wise decision at all. As Indian market is not that much inclined towards eBay. Whereas, they prefer to create their own online stores by using eCommerce platforms such as Tibolli.NET, Shopif, Magento, OpenCart and others.