Snapdeal exploring merger with Flipkart, Amazon; is a mega e-commerce consolidation in offing?
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VCCircle has a reputation of coming up with news just out of thin air. I would take it with a pinch of salt.
Flipkart, a minor possibility but Amazon would be a big no I guess. Anyways, I think the major mergers are still one or two years away and might happen only when Alibaba plans to seriously step into the game directly in India.
Isn’t Softbank & Ratan TATA one of the major shareholders in SD? There’s a very small chance this merger will go through with Amazon, though there were same rumors regarding Jabong & amazon as well & we know what happened. Amazon doesn’t need SD or FK to survive in India, there brand is just too strong, though Alibaba is a different story & could very well snag SD at a discount
@raghupro wrote:
VCCircle has a reputation of coming up with news just out of thin air. I would take it with a pinch of sale.
Flipkart, a minor possibility but Amazon would be a big no I guess. Anyways, I think the major mergers are still one or two years away and might happen only when Alibaba plans to seriously step into the game directly in India.
Salt
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My Bid for 51% Share holding in These Companies – All Figure in Indian Rupees
Amazon – 51111/-
Snapdeal – 21111/-
Flipkart – 11111/-
Paytm – 7111/-
Jabong – 5111/-
Pepperfry – 2111/-
Shoplcues – 511/-
AskmeBazzar- 111/-
Tolexo – 51/-
@blue wine wrote:My Bid 4 These Companies – All Figure in Indian Rupees
Amazon – 51111/-
Snapdeal – 21111/-
Flipkart – 11111/-
Paytm – 7111/-
Jabong – 5111/-
Pepperfry – 2111/-
Shoplcues – 511/-
AskmeBazzar- 111/-
Tolexo – 51/-
Add Helpchat : 5rs/-
@Tejaa wrote:
@blue wine wrote:My Bid 4 These Companies – All Figure in Indian Rupees
Amazon – 51111/-
Snapdeal – 21111/-
Flipkart – 11111/-
Paytm – 7111/-
Jabong – 5111/-
Pepperfry – 2111/-
Shoplcues – 511/-
AskmeBazzar- 111/-
Tolexo – 51/-
Add Helpchat : 5rs/-
Recent account blocks , i will not pay more than chawanni Rs 0.25/-
they don’t have any recent funding,also they are delaying their sellers payments,lost of complaints by sellers.