Tag: Commerce Company
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Flipkart: ‘Lets buy Letsbuy’. Deal.
Flipkart, India’s largest e-commerce company, has acquired its main competitor, Letsbuy, for cash and equity. The details are not yet known, but Sachin Bansal, Flipkart’s CEO did say that ‘This acquisition opportunity came at a very attractive price for us and the timing has also been ideal.‘ Letsbuy will still continue to function independently, but…
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How Flipkart Helped India Realise its E-Commerce Dream!
Flipkart, one of India’s largest online retailers today, was one of the first of its kind when it was established in 2007 by Mr. Sachin and Mr. Binny Bansal, at a time there were not much Flipkart-esque e-commerce services in India . To enquire more about their successful journey, I asked Mr. Sachin Bansal, CEO,…