Flipkart Completes Merger With eBay India

New Delhi: E-commerce major Flipkart on Tuesday said it has completed its merger with eBay India's operations. With this, eBay.in will now be a Flipkart group company. The deal was announced in April when the Flipkart group raised $1.4 billion from global technology majors eBay, Tencent and Microsoft. In exchange of an equity stake in Flipkart, eBay had made a cash investment of $500 million and sold its eBay.in business to Flipkart....