Flipkart, India’s leading e-commerce company, has entered into an agreement with Ebay, a global commerce leader, under which the two will jointly pursue cross-border trade opportunities to make Ebay’s global inventory accessible to more Indian consumers, and Ebay’s active buyers globally will have access to unique Indian inventory provided by Flipkart. In exchange for an … Read More →
To help the Chinese ecommerce giant to buy stakes in Chinese and overseas companies, Alibaba Group Holding has signed a deal for a $3 billion five year loan. As per a Reuter report, Jack Ma led Alibaba has been expanding in areas beyond its core ecommerce base, following slowdown in its online shopping business. In … Read More →