Snapdeal is exploring possible merger with Flipkart or Amazon: Report

While e-commerce is flourishing in India, huge discounts and customer acquisition costs are affecting online retailers

India’s second largest e-commerce company Snapdeal is in preliminary talks for a possible merger with the largest home-grown player Flipkart and Amazon India, says a VCCircle report, quoting several unnamed people familiar with the development.

As per one of the sources, Snapdeal Co-founder Kunal Bahl had met with top executives of US-based Tiger Global, the largest...

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