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Deals with eBay, Snapdeal reflect Flipkart's desperation to counter Amazon
Sheer desperation of a likely loser, and the anxiety of enormous cash burn, have driven Flipkart into two incredibly bad M&A deals: Monday's announcement of acquisition of eBay India as part of a $1.4 billion funding round from Tencent Holdings, Microsoft and eBay; and, the ongoing discussion with Snapdeal for a probable acquisition/merger.
Sheer desperation of a likely loser, and the anxiety of enormous cash burn, have driven Flipkart into two incredibly bad M&A deals: Monday's announcement of acquisition of eBay India as part of a $1.4 billion funding round from Tencent Holdings, Microsoft and eBay; and, the ongoing discussion with Snapdeal for a probable acquisition/merger.
Issue #1
Several empty paragraphs present in the IV page which should be removed. This happens on so many other pages as well. My template handles this problem
- Declined by admin
- This issue was initially accepted by mistake, sorry for the confusion.
While it might be annoying and hard to read an article with such spaces, it's no real issue as long as the empty paragraphs are already present in the article.
- Type of issue
- Rudimentary content not removed
- Reported
- Jun 14, 2017