Snapdeal board gives nod to Flipkart's bid, but obstacles remain, say sources: Reuters

The board of Indian e-commerce firm Snapdeal has agreed to a deal with bigger rival Flipkart for up to $950 million, two sources said on Wednesday, bringing the two a step closer to forming a combine to challenge Amazon.com's (AMZN.O) domestic growth.

26 July 2017•3 mins read
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