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Tencent, eBay, Microsoft invest USD 1.4 bln in Flipkart

Monday 10 April 2017 | 15:03 CET | News
Tencent, eBay and Microsoft have invested USD 1.4 billion in Indian e-commerce marketplace Flipkart. The latest funding round from the three technology companies, at a post-transaction valuation of USD 11.6 billion, adds to existing investors Tiger Global Management, Naspers Group, Accel Partners and DST Global.

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Categories: Internet
Companies: Ebay / Microsoft / Naspers / Tencent
Countries: India
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