Flipkart-eBay India merger done; sellers can now take products global

Flipkart, India's largest e-commerce marketplace said it will begin offering the global inventory of eBay to Indian consumers while taking the products of thousands of sellers in the country to eBay's customers globally.

This comes after Flipkart completed the takeover of the India operations of eBay.

In a deal announced in April, Flipkart raised $1.4 billion from global technology majors eBay, Tencent and Microsoft. In exchange for an equity stake in Flipkart, eBay had made a cash investment and sold its eBay.in business to Flipkart.

Flipkart will now own and operate eBay.in, which however will remain an independent entity.Additionally, both companies are also