India: Flipkart to make revised offer close to $1b for Snapdeal this week

India: Flipkart to make revised offer close to $1b for Snapdeal this week

Photographer: Kuni Takahashi/Bloomberg

Flipkart is expected to make a revised offer in the next few days for buying beleaguered e-commerce Snapdeal, after its initial $850-million proposal was rejected by the latter’s board, according to a Press Trust of India report citing sources.

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