Tag: Buy Today Sell Tomorrow

11Apr

eBay, Microsoft, Tencent, invests $1.4 billion in Flipkart

Flipkart gets $1.4 billion investment from eBay, Microsoft and Trencent

Ebay, Microsoft, Tencent cover up Flipkart by investing $1.4 billion. Flipkart seems ready to compete with the rival Amazon India. After this investment of $1.4 billion, the company gets one step closer to represent itself in front of investors and customers. Flipkart will also buy eBay’s India business as part of the deal. Funding round values are lower than it’s peak valuation of $15 billion.

Flipkart may get more capital from Softbank if Snapdeal’s sale goes down. Softbank is one of the biggest investors in Snapdeal. Flipkart is looking to buy lower rival Snapdeal.

The funding round gives a significant victory for Flipkart chief executive Kalyan Krishnamurthy. It also increases the pressure on Krishnamurthy to carry take Flipkart to the new level of success.

eBay Invests the amount of $500 million in Flipkart, rest coming from Tencent and Microsoft, a gaming internet and social networking firm.

Flipkart and Amazon are competing at the top of India’s $15 billion online retail markets. Given Flipkart’s recent comeback, the combat between these two can closely clash this year compared to last year.

 

For market related query visit:- www.epicresearch.co

3Apr
BTST Tips

Recover Your Previous Losses Of The Capital Market With BTST Tips

Many people are there who invested in the market and met with huge losses due to which they use to quit from trading. The reasons of losses might be any. Read More »

24Feb
BTST Tips

Instant BTST Tips and Techniques for Success in the Stock Market

Buy today Sell Tomorrow Tips are the answer to those who think that getting success in the stock market is a long term strategy and efforts. With best BTST tips, a trader can earn continuous profit and recover the prior losses. Read More »

© 2008-17. All Rights Reserved. Epic Research Pvt. Ltd.