Thursday, August 18, 2016

Snapdeal is exploring possible merger with Flipkart or Amazon: Report

While e-commerce is flourishing in India, huge discounts and customer acquisition costs are affecting online*retailers India’s second largest e-commerce company Snapdeal is in preliminary talks for a possible merger with the largest home-grown player Flipkart and Amazon India, says a VCCircle report, quoting several unnamed people familiar with the development. As per one of the...
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