Snapdeal asks Flipkart at least $900 mn for buyout deal
Snapdeal has asked bigger rival Flipkart to pay at least $900 million in stock after rejecting the latter's latest buyout offer, according to a Livemint report. Flipkart is yet to respond to Snapdealâs demand but the company will send a new offer this week. Earlier this month, Snapdeal rejected Flipkart's $800-850 million buyout offer.nn