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LoginApril 15,Flipkart announces acquisition of online travel and hotel ticketing company Cleartrip for approximately US$40 million,Because the Walmart-owned e-commerce company hopes to expand its products in the world’s second largest Internet market。A person familiar with the matter told TechCrunch,Cleartrip, which has been established for 14 years, raised approximately US$74 million before being acquired。In this dilemma,Cleartrip is like most other travel companies,Facing unprecedented pressure 188bet app amid a global pandemic,People’s desire to travel has seriously declined。
Indian news outlet MoneyControl reported last month that the two companies were discussing a deal。
Cleartrip is also an Amazon partner in India,Powering the ticketing "engine" of the American e-commerce group。The two companies signed an agreement in 2019。TechCrunch asked Amazon earlier this week if it knew and had no problem,Its supplier partners are exploring acquisition deals with Flipkart。The American e-commerce company is currently fighting a court battle,To prevent its estranged Indian partner Future Group from selling business to Reliance Retail,But it didn’t respond。
The two companies said today,Cleartrip will continue to operate as an independent brand,Retain all employees,Also working closely with Flipkart,"Further development of technical solutions,Make customers’ travel simple"。
rumored,Flipkart has been working 188bet sports betting app download on launching a ticket buying feature on its marketplace for over a year。
"Flipkart Group is committed to transforming customer experience through digital commerce。For many customers,Clerip is synonymous with travel,As we diversify and find new areas of growth,This investment will help strengthen the broad range of services we offer our clients。Flipkart Group CEO Kalyan Krishnamurthy said in the statement: "We welcome the Clerip team to join the Flipkart Group with its deep industry knowledge and technical capabilities,And look forward to working together to provide customers with deeper value and travel experience。”
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