Tag: Snapdeal
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....