Flipkart to Acquire Stake in Hotstar for Tackling Amazon Prime Video and Netflix in India
Indian e-commerce giant Flipkart is exploring options to acquire a stake in Hotstar, the leading video streaming service of Star India. With this move, Flipkart aims to take on Amazon Prime Video and Netflix which are going great guns in recent times. According to a new Livemint report, Flipkart wants to bet big on video content and as a first step, the company is looking to buy a stake in... Read More