Share:
POST
TWEET
SHARE
SHARE
EMAIL

Is a deal with eBay and Flipkart on the cards?

By Dan Wilson March 16, 2017 - 8:50 pm

eBay is reportedly in talks with Flipkart, a huge ecommerce player in India, with view to making an investment and strategic alliance that will help it take on Amazon and Alibaba in the region.

Apparently eBay will take a $1.5bn stake in the Indian ecommerce leader and the two may even merge operations in the move. We’ll doubtless find out more in due course.

It’s an interesting move from eBay and probably quite wise. It makes sense to partner with a successful local player and use their on the ground expertise and market knowledge to increase market share. And it’s notable that eBay’s strategic focus is shifting to Asia. Recently eBay divested its interests in Mercado Libre, a papular ecommerce brand in several South American countries.

India is fast becoming one of the key ecommerce battlegrounds for the big international players. And that’s hardly surprising because it’s the world’s second most populous country. It is also attractive because it has many english speakers and an emerging wealthy middle class. Amazon is already investing heavily in India and Alibaba announced lats month that it was teaming up with PayTM to launch a new mobile ecommerce app.

Online retail in India is estimated to be worth $15 billion in 2017 and is growing rapidly.

Comments are closed.

Tamebay Guide

Welcome to our Tamebay Guide. Companies listed in the directory represent the leading suppliers in the UK and Europe.
Amazon started as online book store and has grown to be the worlds
Whether you are buying new or used, plain or luxurious, commonplace
Alibaba is China's biggest online commerce company that offers

Recent Comments

23 hours ago
Katie A: What on earth has this post got to do with the subject? This is a...
1 day ago
matthew m: @jrichie Hi J. Sorry about this, but I believe I failed to "tag" you correctly, when I...
2 days ago
Susan O'Neill: I live in one of the Amazon Prime villages but am not being offered 12...
2 days ago
Sophie scicluna: Would I be able to make my beautiful daughter available for the advertising ...