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Today's News / Flipkart in talks to buy eBay India (EBAY)
« Last post by News Bot on Today at 12:30:03 PM »
Flipkart in talks to buy eBay India (EBAY)

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Flipkart is reportedly in talks to acquire eBay’s India business to bolster its market-leading position in the country's e-commerce sector as it faces new competition from Amazon and potentially Alibaba, according to Mashable.
eBay launched in India in 2004, almost a decade before Amazon entered the country, but found little success in its nascent e-commerce space. It has the sixth-largest share of India’s e-commerce market, and previously tried to expand its presence in the country by acquiring Snapdeal, but failed to close an acquisition. Now, it seems that eBay is looking to pull out of the Indian e-commerce market by selling off its regional operations, and investing in Flipkart instead.
The deal will reportedly be structured as part of an ongoing fundraising effort by Flipkart to raise $2 billion in new capital. Flipkart recently raised $1 billion in a new funding round, with eBay as one of the principal investors, and it's seeking an additional $1 billion from investors including eBay, Microsoft, and Tencent. That extra funding is reportedly contingent on its acquisition of eBay’s India operations. Flipkart needs the capital injection due to intense competition from Amazon, which increased its shipments in India by 150% year-over-year (YoY) in the first quarter of last year. In addition, Alibaba recently led a $200 million investment round in Paytm E-Commerce Pvt, a new e-commerce startup in India spun out of the country’s popular Paytm digital payments service.
India has drawn the interest of Amazon and Alibaba because its burgeoning e-commerce market is set for explosive growth in the next few years. The country’s total e-commerce sales reached $16 billion last year, according to Forrester. And that total is expected to grow at a compound annual growth rate (CAGR) of 31% to hit $64 billion in 2021, by far the fastest growth rate of any e-commerce market in APAC, Forrester predicts. With more than 1.2 billion consumers, India’s enormous market is a potential gold mine for e-commerce companies that can gain significant market share there.
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Source: Flipkart in talks to buy eBay India (EBAY)
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Google wanted to buy this startup that makes fake meat — here's why the CEO will never sell

Pat Brown, founder and CEO of Impossible Foods, explains why he didn't sell to Google.

Source: Google wanted to buy this startup that makes fake meat — here's why the CEO will never sell
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Today's News / The best iPad cases for every type of person
« Last post by News Bot on Today at 12:30:02 PM »
The best iPad cases for every type of person

Whether you want a slim case, sleeve, or keyboard accessory, there is a perfect iPad case for everyone.

Source: The best iPad cases for every type of person
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32 brilliant questions to ask at the end of every job interview

Here's what to say when the interviewer asks, "So do you have any questions for me?"

Source: 32 brilliant questions to ask at the end of every job interview
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Today's News / Man's Last Name Too 'Offensive' For License Plate...
« Last post by News Bot on Today at 12:00:04 PM »
Man's Last Name Too 'Offensive' For License Plate...

Man's Last Name Too 'Offensive' For License Plate...
  (Third column, 10th story, link)

Source: Man's Last Name Too 'Offensive' For License Plate...
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Today's News / McDonald's server, 94, says she will never leave
« Last post by News Bot on Today at 12:00:04 PM »
McDonald's server, 94, says she will never leave

The great-granny still serves breakfast twice a week to her loyal customers in Indiana.

Source: McDonald's server, 94, says she will never leave
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Whole Foods is facing its worst nightmare after an unexpected threat stole millions of customers (WFM)

Whole Foods has lost as many as 14 million customers in the last six quarters.

Source: Whole Foods is facing its worst nightmare after an unexpected threat stole millions of customers (WFM)
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Today's News / Gonzaga is a huge favorite to win the Final Four
« Last post by News Bot on Today at 11:30:03 AM »
Gonzaga is a huge favorite to win the Final Four

The Final Four is now set in the NCAA Men's Basketball Tournament and for the first time we now have a heavy favorite to win it all — Gonzaga.
Gonzaga has a 55.3% chance to win two more games and cut down the nets in Glendale, according to ESPN's Basketball Power Index (BPI). Nate Silver's model at FiveThirtyEight is a little less bullish on the Zags as it gives them a 42% chance to win it all. North Carolina is next, at 25.9% in the BPI and 24% at FiveThirtyEight.
Villanova was a slight favorite before the tournament started and Gonzaga emerged as a slight favorite after the first week.
Diana Yukari/Business InsiderNOW WATCH: How Michael Jordan — the highest-paid athlete of all time — makes and spends his $1.1 billion

Source: Gonzaga is a huge favorite to win the Final Four
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Humidifiers keep your hair, skin, and lungs happy — here's how to use them

Dry air is the enemy of your body, especially your respiratory linings. It doesn’t help your hair or skin either.

Source: Humidifiers keep your hair, skin, and lungs happy — here's how to use them
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New Law Could Eliminate Informed Consent For Human Experimentation With Vaccines and Meds

By Truthstream Media The “21st Century Cures Act” – HR 34 – became law in December, 2016 and most people have no idea what it...

Source: New Law Could Eliminate Informed Consent For Human Experimentation With Vaccines and Meds
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