facebook pixel
chevron_right Top
transparent transparent
Flipkart lifts bid for rival Snapdeal to up to $950 million
Indian e-commerce player Flipkart has sweetened its buyout offer for smaller rival Snapdeal to between $900 million and $950 million, two people familiar with the negotiations said, adding that the new proposal is being evaluated by the company's board. Reuters previously reported that Snapdeal had earlier this month rejected Flipkart's initial bid of between $800 million and $850 million, as its board was unsatisfied with the offer and the payment terms.
For the best experience use Awesummly app on your Android phone
Awesummly Chrome Extension Awesummly Android App