Thursday, 13 July 2017

Snapdeal may merge with Infibeam to create $2 billion company

MUMBAI: The country's only publicly listed e-commerce company Infibeam is involved in merger talks with troubled online marketplace Snapdeal, sources close to the matter said. The development comes at a time when Snapdeal's board rejected a $700-750 million offer for sale to Flipkart last week.

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via Snapdeal may merge with Infibeam to create $2 billion company

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