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Flipkart gets $1.4 billion to compete with Amazon in India

The Wall Street Journal 04/10/2017

The Indian e-commerce startup, Flipkart, has picked up $1.4 billion in investments from eBay, Microsoft and Tencent as it faces increasing competition in its home market from Amazon.com. Flipkart is valued at $11.6 billion after the latest round of funding.

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