eBay ha announced of getting ready to re launch eBay India. As the company has already maintained that it would be selling its stake in Flipkart to Walmart, eBay is going to make its entry to India in style. The share of eBay in Flipkart, would earn the company $1.1 Billion, while the company said that it would focus on the cross border trade.
Earlier last year, eBay has gone onto submit its business before Flipkart. But, the entry of Walmart has possibly opened up a second chance for the e commerce giant, which had a rather cold experience with its bet on Snapdeal.