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Flipkart deal shows potential for India-China co-op: Media

Flipkart deal shows potential for India-China co-op: Media

Thursday, April 13, 2017, 8:46 PM

Online commerce company Flipkart's move to inject $1.4 billion capital from various companies including Chinese Internet firm Tencent Holdings shows India needs China's capital and marketing experience, state-run Chinese media said today. The Flipkart deal follows another fundraising case by Indian e-commerce payment Paytm which collected US 177 million from Chinese giant Alibaba Group, it said.
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