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Look for More Inventory from India on eBay


eBay logoeBay completed the sale of its marketplace in India to rival Flipkart. The deal, announced in April, also results in eBay gaining an equity stake in Flipkart. The two companies will expand cross-border trade – that could make it more likely that US shoppers will encounter items for sale from India – and potentially providing opportunities for US sellers to sell to shoppers in India.

This week’s update to eBay’s April press release follows:

UPDATE: eBay and Flipkart have completed their transaction announced on April 10, 2017. In exchange for an equity stake in Flipkart, eBay has made a $500 million cash investment in and sold its eBay.in business to Flipkart. Effective immediately, Flipkart will own and operate eBay.in. Additionally, the companies are moving forward to jointly pursue cross-border trade opportunities to make eBay’s global inventory accessible to more India consumers, while eBay’s millions of active buyers globally will have access to more unique Indian inventory provided by Flipkart.

SOURCE: eBay Press Release

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Ina Steiner
Ina Steiner
Ina Steiner is co-founder and Editor of EcommerceBytes and has been reporting on ecommerce since 1999. She's a widely cited authority on marketplace selling and is author of "Turn eBay Data Into Dollars" (McGraw-Hill 2006). Her blog was featured in the book, "Blogging Heroes" (Wiley 2008). She is a member of the Online News Association (Sep 2005 - present) and Investigative Reporters and Editors (Mar 2006 - present). Follow her on Twitter at @ecommercebytes and send news tips to ina@ecommercebytes.com. See disclosure at EcommerceBytes.com/disclosure/.

2 thoughts on “Look for More Inventory from India on eBay”

  1. Oh no. Tell us it isn’t true. More garbage being listed by an almost China Clone.

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