eBay is dead! Long live eBay! is the first thing that comes to mind when you talk about what’s happening to the online shopping portal. eBay was in India way before Flipkart and Amazon. Last year in August, the Flipkart-eBay merger was annoucned for 1.4 billion USD. As a part of the deal, eBay invested USD 500 million for an equity stake in Flipkart and handed over all operations of eBay India to Flipkart.
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