Breaking : Flipkart to acquire LetsBuy.com
MediaNama is reporting that Online Retailer Flipkart.com is all set to acquire competitor LetsBuy.com . Flipkart is the leading online retailer in India and has taken the India e-commerce market by storm. LetsBuy has been giving a tough fight to Flipkart especially in Mobile Phones and Tablets with competitive pricing and coupons. I have shopped on both Flipkart and LetsBuy and have noticed some products which are not available on Flipkart are available on LetsBuy as the latter seems to have a larger inventory.
Developing story ..
Source : MediaNama
Skype to acquire Qik for $100 million ?
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BusinessInsider is reporting that Skype is planning to acquire mobile video sharing service Qik for a whopping $100 million.Qik is available on all major mobile platforms including iPhone , Blackberry , Symbian , Android. The company has a great relationship with Handset makers and Carriers.The company announced 5 million users last month.
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