This series of events in Indian e-commerce space makes up for a perfect Bollywood flick
The indigenous e-commerce platform has a new crush, it’s the arch rival Amazon. Owned by Jeff Bezos, Amazon has been keenly trying to buy Flipkart and is willing to pay an amount of $20 billions. Like any other budding love story, Flipkart isn’t interested in accepting the proposal. Flipkart already owns Myntra and Jabong, and accepting this proposal will give a major monopoly to Amazon in e-commerce, India.
To make the story more interesting, Flipkart has been trying to sell itself to Walmart, which lost its market share to Amazon in its home country. Walmart has also shown immense interest for the deal and deal may happen any time soon.
This doesn’t end here. There is another catch. Flipkart’s biggest investor, Chinese conglomerate, SoftBank is against the deal.
This complete story summons up for the perfect Bollywood flick. Flipkart and Walmart are the lead actors. Amazon is the villain in this story and SoftBank happens to play the father of the lead actress.
And Picture toh abhi baaki h mere dos
More Gossip, More Fun
Meet the most eligible bachelor of India.
..got whopping 4.5 lakh of Proposals, making it receiver of highest number of proposals.
Battling The Law : The Jugaadu Way
But rather than worrying about relocation, there are others who are adopting innovative methods to circumvent the 500-meter liquor ban on pubs, bars and restaurants.
5 Bizzare Facts About Fastest Plane Ever Built : SR 71
SR 71 blackbird is the fastest man-made plane in the world. It has to its credit an official speed record of 2193.33..