Snapdeal terminates merger talks: Why it could be a blessing in disguise for Flipkart

[ahlam1399]

http://img-s-msn-com.akamaized.net/tenant/amp/entityid/AAphcu3.img?h=100&w=100&m=6&q=60&o=f&l=fBengaluru Online marketplace Flipkart Ltd may benefit from the decision by smaller rival Snapdeal to cancel its proposed sale, saving itself the distraction of owning a complicated asset that would have added little to its business at a time when the company is already straining to hold off arch-rival Amazon India. On Monday, Snapdeal (Jasper Infotech Pvt. Ltd) walked away from a potential sale to Flipkart, which had offered to buy the online ...

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