Why did eBay sell its India operations to Flipkart?

in inshort •  7 years ago 

After Flipkart announced the acquisition of eBay's India operations and raised $500 million from it, eBay's CEO Devin Wenig said, "Flipkart had a very strong close to last year". "There weren't going to be 10 winners, but maybe only one or two. And Flipkart, given all of that, was the natural party to align with", he added.

inshort
7 years ago by

Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

  • Disagreement on rewards
  • Fraud or plagiarism
  • Hate speech or trolling
  • Miscategorized content or spam

Submit
$0.02
  • Past Payouts $0.02
  • - Author $0.02
  • - Curators $0.00
10 votes
0
Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!