Thursday, March 28

Tag: stakes

Flipkart In Talks To Acquire Stake In BookMyShow
ACQUISITION

Flipkart In Talks To Acquire Stake In BookMyShow

E-commerce firm Flipkart is in talks for a partnership with online ticketing platform BookMyShow in a bid to build out its services and transaction offering, the Economic Times newspaper reported. The talks are at a preliminary stage and may see Flipkart picking up a significant minority stake in BookMyShow, two people familiar with the discussions told the paper. ALSO READ Metro Cash & Carry To Start Ecommerce For B2B By Dec-End   Be Intellectually Honest And Have The Courage To Change Says Apple CEO Tim Cook     Flipkart, which secured nearly $2.5 billion in funding from Japan’s SoftBank Group in August, did not respond to a request for comment. BookMyShow, owned by Mumbai-based Bigtree Entertainment Pvt Ltd, was not immediately available...