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India: Snapdeal approves of Flipkart bid

Indian Snapdeal's board has agreed to a US$950 million bid from larger rival Flipkart, according to two sources. Reuters reports that two of its sources...

India: Approval given for Snapdeal sale

Founders Kunal Bahl and Rohit Bansal will relinquish control of online marketplace Snapdeal to market leader Flipkart as early investors in the Delhi-based company...

India/Japan: SoftBank pushes for Snapdeal sale to Flipkart

Japanese giant SoftBank is orchestrating a possible merger between the struggling Snapdeal and its bigger rival, Flipkart, according to people close to the development....
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