Flipkart set to acquire Cleartrip in distress sale

Flipkart, which is fighting a close battle with US e-tail giant Amazon for one-upmanship in India’s booming e-commerce market, will use Cleartrip to diversify and expand into other product categories, such as online bookings of hotels and flights, to boost its overall gross merchandise value (GMV).

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2QndGZE
via IFTTT