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Flipkart takesover letsbuy.com
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TOPIC: Flipkart takesover letsbuy.com

Flipkart takesover letsbuy.com 4 years, 10 months ago #908

Flipkart has taken over letsbuy.com. What do you think of this acquisition guys. Will it help flipkart in consolidating..
Last Edit: 4 years, 10 months ago by coolguysalman.

Re: Flipkart takesover letsbuy.com 4 years, 10 months ago #909

  • Tarunkool
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As Amazon has already entered India through junglee.com, Acquiring letsbuy can be a great move for Flipkart for maintaining the market share.
Tarun Kool
Passionate about Arsenal

Re: Flipkart takesover letsbuy.com 4 years, 10 months ago #912

  • poojad
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i think its a good move and flipkart got letsbuy at very low valuation...

Re: Flipkart takesover letsbuy.com 4 years, 10 months ago #916

The credit for this takeover should go to the common investors, Tiger Global and Accel Partners, of flipkart and letsbuy.Its the vision of these investors which made this deal possible.

Re: Flipkart takesover letsbuy.com 4 years, 10 months ago #918

When amazon announced its plans to enter in the Indian market, then flipkart added new products in the line up. Now when amazon has finally entered into India with junglee.com, flipkart buys letsbuy. It will be very interesting to see how things turn out with this takeover...

Re: Flipkart takesover letsbuy.com 4 years, 7 months ago #1115

flipkart is facing tough competition in the online books selling area. The new sites on the block offer bigger discounts than Flipkart , which range up to 40% on bestsellers. Sites like Infibeam, Dial-a-Book , Bookadda, Indiatimes Shopping, eBay, Junglee, uRead are mushrooming..
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