India E-tailers Jockey for Position After Flipkart-Snapdeal Talks Collapse
The failure to push the deal through represents a major setback for Softbank Group, the largest investor in Snapdeal , as the Japanese firm has been trying to forge a deal with the aim of securing a sizeable stake in Flipkart . Tiger Global and SoftBank, the prominent backers of Snapdeal, were reported to be in the favor of the Snapdeal's acquisition by Flipkart, as it would have given them equity in Flipkart. Consulte Mais Informação