Flipkart Sends Snapdeal New Offer
Post rejection of its earlier bid of $500-600 million, Online retail firm Flipkart has now made its 2nd bid for e-commerce firm Snapdeal at $850-900 million, according to reports. This revised offer only involves Snapdeal and its marketplace management unit Unicommerce, its in-house logistics arm Vulcan and payments platform FreeCharge have been kept outside the bidding block.