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BT Online
April 24, 2017
The merged entity could be valued at anything between $700 million to $1 billion.
BT Online
New Delhi, April 21, 2017
Online marketplace Flipkart has revised its return policy making it tougher to avail returns on many items sold on its platform in a bid to cut operational costs.
BT Online
April 19, 2017
The proposed acquisition, touted to be the biggest in India's online retail space, is likely to be finalised over the coming weeks, a media report said.
PTI
New Delhi, April 19, 2017
The deal, if successful, will value the Alibaba-backed Paytm at over USD 7 billion from the current USD 5 billion, multiple sources said.
PTI
April 18, 2017
"Obviously Snapchat is for everyone! It's available worldwide to download for free," a spokesperson for Snapchat said in a statement
PTI
April 17, 2017
In a case of mistaken identity, many people downgraded and uninstalled the mobile application of e-commerce platform 'Snapdeal' instead of social networking app 'Snapchat' to mark their protest against certain unverified comments of Snapchat CEO about the Indian market.
PTI
New Delhi, April 16, 2017
E-commerce major Snapdeal's CEO Kunal Bahl and two others have been summoned by a Delhi court on a criminal complaint of an entrepreneur.
Team BT
NA, Edition:May 7, 2017

By Rajeev Dubey
NA, Edition:May 7, 2017
Neither Snapdeal nor eBay has anything to offer that Flipkart doesn't have. The deals are driven by investors who are putting together two weak entities in the hope that they will be stronger as a whole.
PTI
New Delhi, April 14, 2017
Japanese investor SoftBank has pumped in about Rs 1,675 crore in fresh funding in Indian transportation startup Ola to give it more muscle to take American rival Uber head-on.
PTI
New Delhi, April 13, 2017
Online marketplace Amazon India has secured a licence to operate pre-paid payment instrument (PPI) or mobile wallet in the country as it tries to compete more aggressively against rivals Snapdeal and Paytm.
PTI
Bengaluru, April 12, 2017
E-commerce company Flipkart today said it proposes to invest major part of money raised from latest deals, including with Microsoft, in new businesses such as PhonePe and fintech considering opportunities in online money transfer segment.
BT Online
April 11, 2017
The Samsung Galaxy On Nxt is priced at Rs 15,490, Rs 3,000 less from its original price. Users can avail of up to Rs 14,500 discount on exchange.
Rajeev Dubey
New Delhi, April 11, 2017
Sheer desperation of a likely loser, and the anxiety of enormous cash burn, have driven Flipkart into two incredibly bad M&A deals: Monday's announcement of acquisition of eBay India as part of a $1.4 billion funding round from Tencent Holdings, Microsoft and eBay; and, the ongoing discussion with Snapdeal for a probable acquisition/merger.
BT Online
April 10, 2017
The three investors add to an existing group that includes Tiger Global Management, Naspers Group, Accel Partners and DST Global. The funding, at a post-transaction valuation of $11.6 billion, is the largest in Flipkart's ten-year history as well as in the Indian internet sector.
BT Online
April 10, 2017
India's biggest e-tailer Flipkart is expected to acquire Snpadeal in a deal that is apparently being pushed by SoftBank, which is one of the biggest investors in Snapdeal
Reuters
April 10, 2017
The founders of India's Snapdeal told employees in an email on Sunday that the e-commerce company will ensure there is no disruption to staff "as the way forward becomes clear," as speculation of a takeover swirls.
PTI
New Delhi, April 10, 2017
Snapdeal founders Kunal Bahl and Rohit Bansal have reached out to employees promising them higher salaries compared to last year as the company heads towards a possible sell out in the coming weeks.
BT Online
April 6, 2017
Japanese investor SoftBank is also believed to be re-working its plan for sale of e-commerce platform Snapdeal and a final decision is likely to be made in the next few weeks.
BT Online
New Delhi, April 5, 2017
The company, which last year lost its second place in India's fiercely competitive online retail market to Amazon.com Inc, aims to become profitable in two years but faces falling cash reserves.
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