M&A deal of the month: Flipkart snaps up eBay India in battle with Amazon

Deal: India's largest e-commerce player, Flipkart, agreed to acquire eBay India Pvt. Ltd for $200 million in an all-stock deal. The purchase of the local unit of eBay Inc. is part of a larger transaction where Flipkart raised $1.4 billion in its biggest round of funding. eBay Inc. invested $500 ......