CURRENT AFFAIRS

2022

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following eCommerce company acquired electronics reverse commerce (or recommerce) company Yaantra?
A
Flipkart
B
Amazon
C
Nykaa Fashion
D
eBay
Explanation: 

Detailed explanation-1: -Bengaluru: Flipkart group said it has bought out Yaantra, an electronics refurbishment platform, to strengthen its recommerce business and improve after-sale offerings for its customers in the smartphones segment.

Detailed explanation-2: -Flipkart group acquires electronics recommerce platform Yaantra for $40 million.

Detailed explanation-3: -The Flipkart Group, owned by Walmart Inc, has bought electronics reverse commerce (or recommerce) company Yaantra in a bid to expand its reverse commerce business and to enhance after-sale offerings for its smartphone customers, Flipkart said in a statement on Thursday.

There is 1 question to complete.