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Apr 10, 2017, 7:42 am108 pts
PC World
Facing fierce competition from Amazon.com, eBay has sold its Indian operation to local retailer Flipkart, while joining Tencent and Microsoft in investing US$1.4 billion in the Indian company. In exchange for an equity stake in Flipkart, eBay will make a $500 million cash investment in the local startup to whom…
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