Thursday, December 3, 2015

Flipkart buys minority stake in GPS navigation firm MapmyIndia

The e-commerce giant*will*deploy location intelligence capabilities across*its*logistics network*to*strengthen first-mile pickup and last-mile delivery operations Indian e-commerce giant Flipkart has acquired a minority stake in GPS navigation and location-based services provider MapmyIndia, according to*an official*statement. The size of the deal has not been disclosed. The partnership is aimed at deploying location intelligence capabilities across Flipkart’s logistics...
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