Snapdeal’s acquisition deal with Flipkart in trouble, may be called off
The deal of Snapdeal's acquisition of Flipkart, which was approved by the board last week, is reportedly in trouble as the founders are pushing to run the company independently.
The deal of Snapdeal's acquisition of Flipkart, which was approved by the board last week, is reportedly in trouble as the founders are pushing to run the company independently.
After removing around 85,000 sellers from its platform, Paytm - one of the leading mobile commerce platform, has now delisted 50% of its logistics partners to ensure better service.
Struggling e-commerce company Snapdeal's board has reportedly accepted ₹6100 crore ($950 million) acquisition offer from Flipkart. Its earlier offer of ₹5500 crore was reject by the board.