Flipkart will be closing Ebay.in which was operated by it from last one year. While eBay is going to relaunch in India quite soon. The CEO of Flipkart, Kalyan Krishnamurthy said in an email to its employees that it will be launching a new platform to sell refurbished goods. In May, eBay confirmed about ending its partnership with Flipkart and relaunching of eBay India. The e-commerce giant will be stopping all customer transactions on eBay.in on August 14, 2018. Flipkart had bought eBay India operations in the year 2017, while eBay was launched in India in the year 2004.
Source: The Economic Times