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Friday, August 11, 2017

Amazon’s big rival in India just got $2.5 billion

http://bit.ly/2uuiMYl

mashable.com
– Patrick Kulp
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Japanese telecom and investment giant Softbank just made sure Flipkart has plenty of cash to fight off Amazon’s aggressive push into India. The firm poured $2.5 billion into the e-commerce giant in what the company claims is the biggest ever private funding deal for a tech company based in India.  SEE ALSO: Amazon may not always have the best prices, but that doesn’t stop people from shopping there anyway The move comes after Microsoft, Ebay, and Chinese tech giant Tencent all lined up behind F.  show all text
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@KevinJDonaldson: #Mashable Amazon’s big rival in India just got $2.5 billion – Japanese telecom and investment giant Softbank ju… ht.ly/NQ2P50dn7LD
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