Flipkart to buy Snapdeal as investor, founders agree: Report

flipkart-snapdeal-merger

Founders of Indian online marketplace Snapdeal and one of its early investors, Nexus, have reached an agreement with SoftBank Group that would allow the Japanese firm to move ahead with its plan to sell Snapdeal to bigger rival Flipkart, ET Now reported, citing sources.
Read more at Live Mint.

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